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The Renewable Resource Management Nexus: Impulse versus Continuous Harvesting Policies

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Listed:
  • Alain Jean-Marie
  • Mabel Tidball
  • Michel Moreaux
  • Katrin Erdlenbruch

Abstract

We 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 [...].

Suggested Citation

  • Alain Jean-Marie & Mabel Tidball & Michel Moreaux & Katrin Erdlenbruch, 2009. "The Renewable Resource Management Nexus: Impulse versus Continuous Harvesting Policies," Working Papers 09-03, LAMETA, Universtiy of Montpellier, revised Mar 2009.
  • Handle: RePEc:lam:wpaper:09-03
    as

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    File URL: http://www.lameta.univ-montp1.fr/Documents/DR2009-03.pdf
    File Function: First version, 2009
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    References listed on IDEAS

    as
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    8. Lewis, Tracy R & Schmalensee, Richard, 1977. "Nonconvexity and Optimal Exhaustion of Renewable Resources," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 18(3), pages 535-552, October.
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