Efficiency Optimization for the Cyclic Use of a Renewable Resource
We consider a periodic impulse harvesting of a renewable resource distributed in a domain of the arithmetic space and obeying the logistic growth low. We prove that, for a given harvesting effort, there exists an appropriate stationary distribution of the effort in the resource domain providing the maximum efficiency of the harvesting at infinite horizon, where the efficiency is the ratio of the harvesting profit to the total effort applied.
Keywordsrenewable resource logistic low harvesting effort cyclic process optimal exploitation.
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