首页    期刊浏览 2024年11月27日 星期三
登录注册

文章基本信息

  • 标题:Resource Management with Stochastic Recharge and Environmental Threats
  • 本地全文:下载
  • 作者:Leizarowitz, Arie ; Tsur, Yacov
  • 期刊名称:Journal of Agribusiness
  • 印刷版ISSN:0738-8950
  • 出版年度:2009
  • 出版社:Journal of Agribusiness
  • 摘要:Exploitation diminishes the capacity of renewable resources to with-stand environmental stress, increasing their vulnerability to extreme conditions that may trigger abrupt changes. The onset of such events depends on the coincidence of extreme environmental conditions (environmental threat) and the resource state (determining its resilience). When the former is uncertain and the latter evolves stochastically, the uncertainty regarding the event occurrence is the result of the combined effect of these two uncertain components. We analyzed optimal resource management in such a setting. Existence of an optimal stationary policy is established and long run properties are characterized. A numerical illustration based on actual data is presented.
  • 关键词:Stochastic stock dynamics;event uncertainty;Markov decision process;optimal stationary policy
国家哲学社会科学文献中心版权所有