A ratio to evaluate harvest procedures management in an economic system where resources dynamics is ruled by an Ornstein-Uhlenbeck process

Detalhes bibliográficos
Autor(a) principal: Ferreira, M. A. M.
Data de Publicação: 2015
Outros Autores: Filipe, J. A.
Tipo de documento: Artigo
Idioma: eng
Título da fonte: Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)
Texto Completo: http://hdl.handle.net/10071/8505
Resumo: 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. Some assumptions on the regeneration of the process are made, in order to observe the system equilibrium in what concerns the resources depreciation or accumulation. The objective of this work is to present a result on the sign of a ratio that can be used to evaluate harvest procedures in this context.
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spelling A ratio to evaluate harvest procedures management in an economic system where resources dynamics is ruled by an Ornstein-Uhlenbeck processAssessing resources dynamicsManagement schemeOrnstein-Uhlenbeck diffusion processThe 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. Some assumptions on the regeneration of the process are made, in order to observe the system equilibrium in what concerns the resources depreciation or accumulation. The objective of this work is to present a result on the sign of a ratio that can be used to evaluate harvest procedures in this context.Hikari2015-03-03T16:37:43Z2015-01-01T00:00:00Z20152019-04-29T12:48:20Zinfo:eu-repo/semantics/publishedVersioninfo:eu-repo/semantics/articleapplication/pdfhttp://hdl.handle.net/10071/8505eng1312-885X10.12988/ams.2015.410871Ferreira, M. A. M.Filipe, J. A.info:eu-repo/semantics/openAccessreponame:Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)instname:Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informaçãoinstacron:RCAAP2023-11-09T18:01:54Zoai:repositorio.iscte-iul.pt:10071/8505Portal AgregadorONGhttps://www.rcaap.pt/oai/openaireopendoar:71602024-03-19T22:33:14.516958Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) - Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informaçãofalse
dc.title.none.fl_str_mv A ratio to evaluate harvest procedures management in an economic system where resources dynamics is ruled by an Ornstein-Uhlenbeck process
title A ratio to evaluate harvest procedures management in an economic system where resources dynamics is ruled by an Ornstein-Uhlenbeck process
spellingShingle A ratio to evaluate harvest procedures management in an economic system where resources dynamics is ruled by an Ornstein-Uhlenbeck process
Ferreira, M. A. M.
Assessing resources dynamics
Management scheme
Ornstein-Uhlenbeck diffusion process
title_short A ratio to evaluate harvest procedures management in an economic system where resources dynamics is ruled by an Ornstein-Uhlenbeck process
title_full A ratio to evaluate harvest procedures management in an economic system where resources dynamics is ruled by an Ornstein-Uhlenbeck process
title_fullStr A ratio to evaluate harvest procedures management in an economic system where resources dynamics is ruled by an Ornstein-Uhlenbeck process
title_full_unstemmed A ratio to evaluate harvest procedures management in an economic system where resources dynamics is ruled by an Ornstein-Uhlenbeck process
title_sort A ratio to evaluate harvest procedures management in an economic system where resources dynamics is ruled by an Ornstein-Uhlenbeck process
author Ferreira, M. A. M.
author_facet Ferreira, M. A. M.
Filipe, J. A.
author_role author
author2 Filipe, J. A.
author2_role author
dc.contributor.author.fl_str_mv Ferreira, M. A. M.
Filipe, J. A.
dc.subject.por.fl_str_mv Assessing resources dynamics
Management scheme
Ornstein-Uhlenbeck diffusion process
topic Assessing resources dynamics
Management scheme
Ornstein-Uhlenbeck diffusion process
description 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. Some assumptions on the regeneration of the process are made, in order to observe the system equilibrium in what concerns the resources depreciation or accumulation. The objective of this work is to present a result on the sign of a ratio that can be used to evaluate harvest procedures in this context.
publishDate 2015
dc.date.none.fl_str_mv 2015-03-03T16:37:43Z
2015-01-01T00:00:00Z
2015
2019-04-29T12:48:20Z
dc.type.status.fl_str_mv info:eu-repo/semantics/publishedVersion
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dc.identifier.uri.fl_str_mv http://hdl.handle.net/10071/8505
url http://hdl.handle.net/10071/8505
dc.language.iso.fl_str_mv eng
language eng
dc.relation.none.fl_str_mv 1312-885X
10.12988/ams.2015.410871
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dc.publisher.none.fl_str_mv Hikari
publisher.none.fl_str_mv Hikari
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repository.name.fl_str_mv Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) - Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informação
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