Dynamic Harvesting Under Imperfect Catch Control

We analyze the optimal harvesting rule of a monopolist in a managed single-species fishery environment where we allow the fishery control to be imperfect. The monopolist’s control action consists of legal and illegal actions. Illegal actions might be detected at random times, in which case the monop...

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Veröffentlicht in:	Journal of optimization theory and applications 2018, Vol.176 (1), p.252-267
Hauptverfasser:	De Giovanni, Domenico, Lamantia, Fabio
Format:	Artikel
Sprache:	eng
Schlagworte:	Applications of Mathematics Calculus of Variations and Optimal Control Optimization Engineering Fisheries Fishing Harvesting Mathematics Mathematics and Statistics Monopolies Operations Research/Decision Theory Optimization Theory of Computation
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