Stochastic perturbations and fisheries management

  title={Stochastic perturbations and fisheries management},
  author={P. Loisel},
  journal={arXiv: Optimization and Control},
  • P. Loisel
  • Published 2019
  • Mathematics, Economics
  • arXiv: Optimization and Control
As most natural resources, fisheries are affected by random disturbances. The evolution of such resources may be modelled by a succession of deterministic process and random perturbations on biomass and/or growth rate at random times. We analyze the impact of the characteristics of the perturbations on the management of natural resources. We highlight the importance of using a dynamic programming approach in order to completely characterize the optimal solution, we also present the properties… Expand

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