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Filtering by: Keyword Stochastic dynamic programming Remove constraint Keyword: Stochastic dynamic programming Creator Guttormsen, Atle G. Remove constraint Creator: Guttormsen, Atle G.

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  • Faustmann in the Sea Optimal Rotation in Aquaculture

    Creator:
    Guttormsen, Atle G.
    Abstract:
    In this paper an extended version of the well-known Faustmann model is developed for solving the rotation problem in fish farming. Two particularly important aspects of the problem are emphasized: namely first, the possibilities for cycles in relative price relationships and second, the problem with limitations in release time for...
    Resource Type:
    Research Paper
    Full Text:
    , dynamic programming, relative prices 1. INTRODUCTION As fish farms become larger and the industry