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Optimization of Harvesting Return from Age-Structured Population

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  • Natali Hritonenko
  • Yuri Yatsenko

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  • Natali Hritonenko & Yuri Yatsenko, 2006. "Optimization of Harvesting Return from Age-Structured Population," Journal of Bioeconomics, Springer, vol. 8(2), pages 167-179, August.
    • Handle: RePEc:kap:jbioec:v:8:y:2006:i:2:p:167-179
    DOI: 10.1007/s10818-006-9000-3
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    References listed on IDEAS

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    1. Boucekkine, Raouf & Germain, Marc & Licandro, Omar, 1997. "Replacement Echoes in the Vintage Capital Growth Model," Journal of Economic Theory, Elsevier, vol. 74(2), pages 333-348, June.
    2. Natali Hritonenko & Yuri Yatsenko, 2004. "Structure of optimal trajectories in a nonlinear dynamic model with endogenous delay," Journal of Applied Mathematics, Hindawi, vol. 2004, pages 1-13, January.
    3. V. Barbu & M. Iannelli, 1999. "Optimal Control of Population Dynamics," Journal of Optimization Theory and Applications, Springer, vol. 102(1), pages 1-14, July.
    4. Cooley, Thomas F. & Greenwood, Jeremy & Yorukoglu, Mehmet, 1997. "The replacement problem," Journal of Monetary Economics, Elsevier, vol. 40(3), pages 457-499, December.
    5. R. M. Solow & J. Tobin & C. C. Weizsäcker & M. Yaari, 1971. "Neoclassical Growth with Fixed Factor Proportions," Palgrave Macmillan Books, in: F. H. Hahn (ed.), Readings in the Theory of Growth, chapter 9, pages 68-102, Palgrave Macmillan.
    6. Natali Hritonenko & Yuri Yatsenko, 2013. "Mathematical Modeling in Economics, Ecology and the Environment," Springer Optimization and Its Applications, Springer, edition 2, number 978-1-4614-9311-2, December.
    7. van Hilten, Onno, 1991. "The optimal lifetime of capital equipment," Journal of Economic Theory, Elsevier, vol. 55(2), pages 449-454, December.
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    Citations

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    Cited by:

    1. Thorsten Upmann & Stefan Behringer, 2017. "Harvesting a Remote Renewable Resource," CESifo Working Paper Series 6724, CESifo.
    2. Behringer, Stefan & Upmann, Thorsten, 2014. "Optimal harvesting of a spatial renewable resource," Journal of Economic Dynamics and Control, Elsevier, vol. 42(C), pages 105-120.
    3. Natali Hritonenko & Yuri Yatsenko, 2010. "Age-Structured PDEs in Economics, Ecology, and Demography: Optimal Control and Sustainability," Mathematical Population Studies, Taylor & Francis Journals, vol. 17(4), pages 191-214.

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    More about this item

    Keywords

    population age-structure; harvesting; profit maximization; vintage capital models; zero-investment period; E22; C61; Q20; Q57;
    All these keywords.

    JEL classification:

    • E22 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Investment; Capital; Intangible Capital; Capacity
    • C61 - Mathematical and Quantitative Methods - - Mathematical Methods; Programming Models; Mathematical and Simulation Modeling - - - Optimization Techniques; Programming Models; Dynamic Analysis
    • Q20 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Renewable Resources and Conservation - - - General
    • Q57 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Ecological Economics

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