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Filtering by: Subject Nonrenewable natural resources -- Management -- Mathematical models

Optimization, conservation and valuation of contingent claims in economic resource management under uncertainty

Creator:

Jia, Siwei

Abstract:

This dissertation consists of three papers studying optimization, conservation and valuation of contingent claims in economic resource nianagement under uncertainty. In the first paper the Markovian optinial policies are studied for resource management in a finite time horizon. Under sonic conditions, in particular, when the prices are stochastic and there...

Resource Type:

Dissertation

Full Text:

. Mathematical Biosciences 12, 245-260. Reed, J. W., 1974. A stochastic model for the economic management of a
Three studies on the role of uncertainty in the valuation and management of renewable natural resources

Creator:

Burnes, Ellen Irene

Abstract:

These three papers address uncertainty in the management and valuation of renewable natural resources. The first paper develops a model to integrate both stock and price uncertainty to obtain optimal resource levels. The model is an extension of Reed (1974) and shows by proof and by example that when prices...

Resource Type:

Dissertation

Full Text:

considerations of natural resource management. Clark considers a deterministic resource evolution model, and
Optimizing spatial and temporal aspects of nature reserve design under economic and ecological objectives

Creator:

Nalle, Darek J.

Abstract:

Alteration of natural areas in attempts to support increasing human populations has been a crucial yet less publicized contributor to the fall of many of the world's greatest civilizations, since healthy ecosystems can help maintain stable societies and economies. Given this unhappy fact and the ancient relationship between people and...

Resource Type:

Dissertation

Full Text:

operations research techniques could be used to better manage the natural resource base. By providing a