2018
DOI: 10.1016/j.jenvman.2018.04.099
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A singular stochastic control model for sustainable population management of the fish-eating waterfowl Phalacrocorax carbo

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Cited by 23 publications
(35 citation statements)
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“…It is shown that the HJB equation has a unique viscosity solution: an appropriate weak solution for this kind of equations [16]. The HJB equation is not exactly-solvable as in those arising in other ecological problems [59,60], but asymptotic estimates of its solution are found. A finite difference scheme for approximation of the solution is then presented.…”
Section: Introductionmentioning
confidence: 98%
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“…It is shown that the HJB equation has a unique viscosity solution: an appropriate weak solution for this kind of equations [16]. The HJB equation is not exactly-solvable as in those arising in other ecological problems [59,60], but asymptotic estimates of its solution are found. A finite difference scheme for approximation of the solution is then presented.…”
Section: Introductionmentioning
confidence: 98%
“…With a performance index to be minimized or maximized, owing to the dynamic programming principle, finding the optimal control reduces to solving a Hamilton-Jacobi-Bellman (HJB) equation: a degenerate elliptic or parabolic equation whose functional form is problem-dependent [21]. Both mathematical and numerical approaches have been addressed for analysis of HJB equations in many problems, ranging from financial [17], economic [1], and insurance problems [14] to biological [62], environmental [12], and ecological problems [60]. Neilan et al [40] reviewed recent progresses of numerical schemes for solving HJB and related nonlinear differential equations.…”
Section: Introductionmentioning
confidence: 99%
“…Finally, the system (52) is discretized with the conventional forward Euler method. The parameters are set as μ = 1.7× 10 -1 (1/year), σ = 5.3× 10 -1 (1/year 1/2 ), m = 1.8 (-), M = 0.5 (-), δ = 1.0 (1/year), r = 5.0 × 10 -4 (-), R = 1.0 × 10 -1 (-), k 0 = 1.0 × 10 1 (-) and k 1 = 1.0 × 10 0 (-) [2]. These parameters satisfy the assumptions (20) through (22).…”
Section: Numerical Experimentsmentioning
confidence: 99%
“…1 Graduate School of Agriculture, Kyoto University, Kyoto City, Japan. 2 Research Fellow of Japan Society for the Promotion of Science, Tokyo, Japan. 3 Graduate School of Natural Science and Technology, Shimane University, Matsue City, Japan.…”
Section: Appendix Bmentioning
confidence: 99%
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