The paper examines howan easy‐to‐apply optimal feedback rule can be used to solve for
optimal levels of exploitation of a renewable resource. Using data from Canada's northern …

We assess cod, herring, and sprat fisheries in the Baltic Sea under different environmental
conditions using a bioeconomic model with simple predation functions. We compare the …

A variant of the classical harvesting game, where a number of competing agents
simultaneously harvest a common-pool natural resource, is analysed. The harvesting at …

This article discusses bioeconomic analysis and different management strategies in
fisheries. It reviews recent developments, which show the need to expand the analysis to …

The optimal management of the environment is becoming increasingly important with our
growing awareness of the problems of loss of biodiversity and overconsumption of natural …

We analyze a continuous, nonlinear bioeconomic model to demonstrate how stochasticity in
the growth of fish stocks affects the optimal exploitation policy when prices are stochastic …

A modified version of Jones' length-based cohort analysis is linked to economic data from
the Swedish trawl fishery for Norway lobster (Nephrops norvegicus). The current regulation …

We describe the growth dynamics of a fish or some other harvested population in a random
environment using a stochastic differential equation; general model, where the harvest term …

A multi-dimensional, non-linear dynamic model in continuous time is presented for the
purpose of finding the optimal combination of exploitation and capital investment in optimal …

We present a continuous, nonlinear, stochastic, and dynamic model for capital investment in
the exploitation of a renewable resource. Both the resource stock and capital are treated as …