On the Mitra-Wan forestry model: a unified analysis
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Publication:665461
DOI10.1016/j.jet.2011.11.010zbMath1258.91175OpenAlexW1965664180WikidataQ125862240 ScholiaQ125862240MaRDI QIDQ665461
Publication date: 5 March 2012
Published in: Journal of Economic Theory (Search for Journal in Brave)
Full work available at URL: https://doi.org/10.1016/j.jet.2011.11.010
maximal programsforest managementasymptotic convergencediscrepancy functionnon-interiorityoptimal programsvalue-lossfinitely-maximal programsgood programs
Related Items (10)
The stochastic mitra-wan forestry model: risk neutral and risk averse cases ⋮ Convergence of optimal harvesting policies to a normal forest ⋮ Deforestation and optimal management ⋮ On the non-existence of optimal programs in the Robinson-Solow-Srinivasan (RSS) model ⋮ On the Mitra-Wan forest management problem in continuous time ⋮ Stochastic Mitra-Wan forestry models analyzed as a mean field optimal control problem ⋮ Money-metrics in local welfare analysis: Pareto improvements and equity considerations ⋮ On locally optimal programs in the Robinson-Solow-Srinivasan model ⋮ The nonconcavity of money-metric utility: a new formulation and proof ⋮ Irreversibility and the economics of forest conservation
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