Age-structured optimal control in population economics
β Scribed by Gustav Feichtinger; Alexia Prskawetz; Vladimir M. Veliov
- Book ID
- 119381927
- Publisher
- Elsevier Science
- Year
- 2004
- Tongue
- English
- Weight
- 688 KB
- Volume
- 65
- Category
- Article
- ISSN
- 0040-5809
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π SIMILAR VOLUMES
Here we investigate the optimal harvesting of an age-structured population. We use the McKendrick model of population dynamics, and optimize a discounted yield on an infinite time horizon. The harvesting function is allowed to depend arbitrarily on age and time and its magnitude is unconstrained. We
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