Hybrid dynamics of multi-species resource exploitation
نویسندگان
چکیده
Abstract In this paper, we analyze a bio-economic model of exploitation renewable commercial resources. To take into account the typically continuous-time modeling biological species and, instead, specialized harvesting activities, which by its nature cannot change continuously, resulting dynamic system is hybrid type, i.e. continuous for variables and discrete economic ones. Through discretization variables, problem then reformulated means three-dimensional map. Of map, study properties to understand how parameters influence long-run availability
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ژورنال
عنوان ژورنال: Decisions in economics and finance
سال: 2021
ISSN: ['1593-8883', '1129-6569']
DOI: https://doi.org/10.1007/s10203-021-00336-9