A ratio to evaluate harvest procedures management in an economic system where resources dynamics is ruled by an Ornstein-Uhlenbeck process
The assessing resources dynamics problem, in the context of an economic system with Gaussian consumption and deterministic productivity, is considered in this paper. Basically it is presented a discrete time recursive equation that supports the recourse to the Ornstein-Uhlenbeck diffusion process. S...
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| Format: | article |
| Language: | eng |
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2015
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| Online Access: | http://hdl.handle.net/10071/8505 |
| Country: | Portugal |
| Oai: | oai:repositorio.iscte-iul.pt:10071/8505 |