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
Recommended Citation
Yadavalli, V S S; Diatha, Krishna Sundar; and Udayabaskaran, Swaminathan, "An age-dependent branching process model of a stochastic renewable resource and the problem of optimal harvesting" (2015). Faculty Publications. 722.
https://research.iimb.ac.in/fac_pubs/722