An age-dependent branching process model of a stochastic renewable resource and the problem of optimal harvesting

Document Type

Article

Publication Title

Indian Journal of Mathematics

Abstract

In this paper, we propose and analyse an age-dependent branching process model of a renewable resource subject to periodic harvesting. We obtain an explicit expression for the mean number of individuals at any time t and also obtain an optimal harvesting policy.

Publication Date

1-4-2015

Publisher

Allahabad Mathematical Society

Volume

Vol.57

Issue

Iss.1

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