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Browsing Technical Reports (Mathematics and Statistics) by Subject "catastrophic collapse"

Browsing Technical Reports (Mathematics and Statistics) by Subject "catastrophic collapse"

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  • Reed, William J.; Heras, Hector Echavarria (2009-11-27)
    The maximum principle of deterministic optimal control, which has proved to be a very useful tool in theoretical bioeconomics, is extended in this article to cover the optimal exploitation of a biological resource vulnerable ...
  • Reed, William (2009-08-20)
    The socially optimal harvesting policy for a fishery subject to random catastrophic collapse is determined. It is shown how the problem can be converted to one of deterministic optimal control, and a solution obtained ...

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