Constant Versus Periodic Fishing: Age Structured Optimal Control Approach
نویسندگان
چکیده
منابع مشابه
Age-structured optimal control in population economics.
This paper brings both intertemporal and age-dependent features to a theory of population policy at the macro-level. A Lotka-type renewal model of population dynamics is combined with a Solow/Ramsey economy. We consider a social planner who maximizes an aggregate intertemporal utility function which depends on per capita consumption. As control policies we consider migration and saving rate (bo...
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ژورنال
عنوان ژورنال: Mathematical Modelling of Natural Phenomena
سال: 2014
ISSN: 0973-5348,1760-6101
DOI: 10.1051/mmnp/20149403