Optimal control theory and fishery model
Author(s) -
Ahmad Feirdaous Mohd Shah
Publication year - 2013
Publication title -
journal of development and agricultural economics
Language(s) - English
Resource type - Journals
ISSN - 2006-9774
DOI - 10.5897/jdae2013.0487
Subject(s) - maximum principle , optimal control , mathematics , euler's formula , path (computing) , hamiltonian (control theory) , euler equations , control (management) , function (biology) , zero (linguistics) , key (lock) , control theory (sociology) , mathematical analysis , computer science , mathematical optimization , biology , linguistics , philosophy , computer security , artificial intelligence , evolutionary biology , programming language
Adequate numbers of relations have been provided to find the three unknowns following three equations: the state equation, the adjoint equation and maximum principle equation. If rigor is sacrificed, then a partial solution is quickly obtained by using the concept of calculus of variation. Our appealing and intuitive harvesting policy would be that, refrain from harvesting along the singular path, because zero harvest is not optimal.
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