This paper describes a simple linearized model for the optimal control of a natural resource stock. Applications of the model to fisheries and forestry, as well as to mineral exploration and recovery, are discussed. © 1979 Springer-Verlag New York Inc.
CITATION STYLE
Clark, C. W., & De Pree, J. D. (1979). A simple linear model for the optimal exploitation of renewable resources. Applied Mathematics & Optimization, 5(1), 181–196. https://doi.org/10.1007/BF01442553
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