𝔖 Bobbio Scriptorium
✦   LIBER   ✦

Biological and economic foundations of renewable resource exploitation

✍ Scribed by U. Regev; A.P. Gutierrez; S.J. Schreiber; D. Zilberman


Book ID
117613752
Publisher
Elsevier Science
Year
1998
Tongue
English
Weight
176 KB
Volume
26
Category
Article
ISSN
0921-8009

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## Abstract We study a model for the exploitation of renewable stocks developed in Clark __et al__. (__Econometrica__ 1979; **47**:25–47). In this particular control problem, the control law contains a measurable and an impulsive control component. We formulate Pontryagin's maximum principle for th