Bang-bang, impulse, and sustainable harvesting in age-structured populations
An optimal harvesting problem is analyzed in the Lotka-McKendrick model of age-structured populations. Depending on the imposed constraints, this problem possesses bang-bang or impulse regimes, which have meaningful interpretations and relevant policy implications. A steady state analysis of the model produces closed-form solutions for the optimal sustainable harvesting in a new and an existing population. © World Scientific Publishing Company.
Hritonenko, N., & Yatsenko, Y. (2012). Bang-bang, impulse, and sustainable harvesting in age-structured populations. Retrieved from https://digitalcommons.pvamu.edu/mathematics-facpubs/48