Optimal management of a renewable resource utilized by a population with taxation as a control variable
2013 ◽
Vol 18
(1)
◽
pp. 37-52
◽
Keyword(s):
A dynamical model is proposed and analyzed to discuss the effect of population on a resource biomass by taking into account the crowding effect. It is assumed that the resource biomass, which has commercial importance, is subjected to harvesting. The harvesting effort is assumed to be a dynamical variable and taxation is being used as a control variable. The optimal harvesting policy is discussed using the Pontryagin’s maximum principle.
2017 ◽
Vol 27
(11)
◽
pp. 1750174
◽
2008 ◽
Vol 01
(03)
◽
pp. 287-298
◽
1998 ◽
Vol 152
(2)
◽
pp. 165-178
◽
Keyword(s):
2015 ◽
Vol 2015
◽
pp. 1-8
◽
1981 ◽
Vol 55
(3-4)
◽
pp. 169-177
◽
2013 ◽
Vol 805-806
◽
pp. 1957-1961
2019 ◽
Vol 12
(02)
◽
pp. 1950018
2016 ◽
Vol 24
(02n03)
◽
pp. 237-255
◽