The costate variable in natural resource optimal control problems

DOI10.1111/J.1939-7445.1999.TB00020.XMaRDI QIDQ2745386zbMATH OpenOpenAlexFDO

Authors Kenneth S. Lyon

Publication date 10 October 2001

Published in Natural Resource Modeling (Search for Journal in Brave)

Full work available at URL https://doi.org/10.1111/j.1939-7445.1999.tb00020.x

Mathematics Subject Classification ID

Applications of optimal control and differential games (49N90) Environmental economics (natural resource models, harvesting, pollution, etc.) (91B76) Ecology (92D40)

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• Optimization of inputs in a spatially variable natural resource: Unconditional vs. conditional analysis
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• OPTIMAL DISCOUNTING IN CONTROL PROBLEMS THAT SPAN MULTIPLE GENERATIONS
• OPTIMAL DISCOUNTING OF BENEFITS FROM CLEANUP AT WASTE SITES
• THE COSTATE VARIABLE IN A STOCHASTIC RENEWABLE RESOURCE MODEL
• NONRENEWABLE RESOURCE EXTRACTIONS WITH A POLLUTION SIDE EFFECT: A COMPARATIVE DYNAMIC ANALYSIS
• SPACETIME DISCOUNTED VALUE OF NETWORK CONNECTIVITY

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