On the elasticities of harvesting rules

Article Abstract:

The elasticities of the harvesting size with respect to the harvesting cost, the interest rate, the drift, and the variance of the growth pattern of a tree in a stochastic rotation problem are ranked. When the tree growth follows a geometric Brownian motion, the harvesting size is most elastic to the harvesting cost, followed by the interest rate, and is least elastic to the parameters of tree growth. Similar results are obtained for the case of linear growth.

United States, Usage, Statistical methods

---

Harvesting and conservation in a predator-prey system

Article Abstract:

The optimal harvesting of prey in a predator-prey ecosystem when predator conservation is considered important is analyzed. The behavior of the system is studied and conditions for optimal control are discussed.

Netherlands, Economic aspects, Predation (Biology), Ecosystems

---

Similar abstracts:

• Abstracts: The politics of self-restraint: FDI subsidies and Japanese mercantilism. Are southern-poor countries' governments more profligate than their northern-rich counterparts? fiscal criteria and impulse responses
• Abstracts: An empirical investigation of paradoxes: reswitching and reverse capital deepening in capital theory
• Abstracts: The sensitivity of long-term interest rates to economic news: evidence and implications for macroeconomic models
• Abstracts: Optimal contracts for central bankers. Risk and uncertainty in monetary policy
• Abstracts: A note on closet--indexing. Subsistence consumption, habit formation and the demand for long-term bonds. The value of active portfolio management

This website is not affiliated with document authors or copyright owners. This page is provided for informational purposes only. Unintentional errors are possible.