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Journal Articles Natural Resource Modeling Year : 2001

Regulation of fishery: from a local optimal control problem to an "invariant domain" approach

Abstract

This study aims at regulating a fishery by reducing its catch and effort variations around a reference equilibrium point. A simple bioeconomic continuous time model is considered and the control variable acts on the rate of change of effort. Two approaches have been implemented: the first one is a local optimal approach that sets the problem in the classical linear-quadratic framework; it is extended to an “invariant domain‘ approach, whose robustness constitutes a major advantage.
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Dates and versions

hal-02669838 , version 1 (23-01-2023)

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Suzanne Touzeau, Jean-Luc Gouzé. Regulation of fishery: from a local optimal control problem to an "invariant domain" approach. Natural Resource Modeling, 2001, 14 (2), pp.311-333. ⟨10.1111/j.1939-7445.2001.tb00061.x⟩. ⟨hal-02669838⟩
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