A system of renewal equations on a graph provides a framework to describe the exploitation of a biological resource. In this context, we formulate an optimal control problem, prove the existence of an optimal control and ensure that the target cost function is polynomial in the control. In specific situations, further information about the form of this dependence is obtained. As a consequence, in some cases the optimal control is proved to be necessarily bang–bang, in other cases the computations necessary to find the optimal control are significantly reduced.

Colombo, R., Garavello, M. (2017). Polynomial profits in renewable resources management. NONLINEAR ANALYSIS: REAL WORLD APPLICATIONS, 37, 374-386 [10.1016/j.nonrwa.2017.03.002].

Polynomial profits in renewable resources management

GARAVELLO, MAURO
Ultimo
2017

Abstract

A system of renewal equations on a graph provides a framework to describe the exploitation of a biological resource. In this context, we formulate an optimal control problem, prove the existence of an optimal control and ensure that the target cost function is polynomial in the control. In specific situations, further information about the form of this dependence is obtained. As a consequence, in some cases the optimal control is proved to be necessarily bang–bang, in other cases the computations necessary to find the optimal control are significantly reduced.
Articolo in rivista - Articolo scientifico
Management of biological resources; Optimal control of conservation laws; Renewal equations.
English
2017
37
374
386
none
Colombo, R., Garavello, M. (2017). Polynomial profits in renewable resources management. NONLINEAR ANALYSIS: REAL WORLD APPLICATIONS, 37, 374-386 [10.1016/j.nonrwa.2017.03.002].
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Utilizza questo identificativo per citare o creare un link a questo documento: https://hdl.handle.net/10281/152367
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