The Renewable Resource Management Nexus: Impulse versus Continuous Harvesting Policies
AbstractWe explore the link between cyclical and smooth resource exploitation. We define an impulse control framework which can generate both cyclical solutions and steady state solutions. For the cyclical solutions [...].
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Bibliographic InfoPaper provided by LAMETA, Universtiy of Montpellier in its series Working Papers with number 09-03.
Length: 25 pages
Date of creation: Mar 2009
Date of revision: Mar 2009
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