Closed-form solutions of a fishery harvesting model with state constraint
MetadataShow full item record
We derive a closed-form solution for a well-known fisheries harvesting model with an additional state constraint. The problem is linear in the control and previous solutions appearing in the literature have been numerical in nature. The so-called direct adjoining approach is used in our derivation and the optimal solutions turn out to be a mixture of bang-bang and boundary arcs.
Showing items related by title, author, creator and subject.
The effect of CO2 on the speciation of RbBr in solution at temperatures to 579 degrees C and pressures to 0.26 GPaEvans, Katy; Gordon, R.; Mavrogenes, J.; Tailby, N. (2009)Carbon dioxide- and salt-bearing solutions are common in granulite, ore-forming and magmatic environments. The presence of CO2 affects mineral solubilities, fluid miscibility, and viscosity and wetting properties, and ...
Chong, Yen N. (2001)General routing problems deal with transporting some commodities and/or travelling along the axes of a given network in some optimal manner. In the modern world such problems arise in several contexts such as distribution ...
Awange, Joseph; Fleming, Kevin; Kuhn, Michael; Featherstone, Will; Heck, B.; Anjasmara, Ira (2010)Hydrological monitoring is essential for meaningful water-management policies and actions, especially where water resources are scarce and/or dwindling, as is the case in Australia. In this paper, we investigate the ...