Harvesting a Remote Renewable Resource

Konferenzbeitrag

In standard models of spatial harvesting, the resource is distributed over the complete domain and the agent is able to control the harvesting activity everywhere. In some cases, it is more realistic to assume that the resource is located at a single point and that the agent is required to travel. The agent faces a combined travelling–and–harvesting problem. We scrutinize this two-stage optimal control problem and characterise the optimal policy of the full travelling–and–harvesting problem.

Object Details

• Language: Englisch

References and Relationships

• Bibliographic citation: Series: Beiträge zur Jahrestagung des Vereins für Socialpolitik 2017: Alternative Geld- und Finanzarchitekturen - Session: Decision Theory ; No. F09-V1

Classification and Topics

• Classification: Wirtschaft ; Renewable Resources and Conservation: General ; Renewable Resources and Conservation: Fishery; Aquaculture ; Optimization Techniques; Programming Models; Dynamic Analysis

Contributors, Places and Time

• Event: Geistige Schöpfung
• (who): Behringer, Stefan ; Upmann, Thorsten
• Event: Veröffentlichung
• (who): ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften, Leibniz-Informationszentrum Wirtschaft
• (where): Kiel, Hamburg
• (when): 2017

Further information

• Handle: http://hdl.handle.net/10419/168250
• Last update: 10.03.2025, 11:41 AM CET