A ratio to evaluate harvest procedures management in an economic system where resources dynamics is ruled by an Ornstein-Uhlenbeck process
Autor(a) principal: | |
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Data de Publicação: | 2015 |
Outros Autores: | |
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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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 |
dc.type.driver.fl_str_mv |
info:eu-repo/semantics/article |
format |
article |
status_str |
publishedVersion |
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 |
dc.rights.driver.fl_str_mv |
info:eu-repo/semantics/openAccess |
eu_rights_str_mv |
openAccess |
dc.format.none.fl_str_mv |
application/pdf |
dc.publisher.none.fl_str_mv |
Hikari |
publisher.none.fl_str_mv |
Hikari |
dc.source.none.fl_str_mv |
reponame:Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) instname:Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informação instacron:RCAAP |
instname_str |
Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informação |
instacron_str |
RCAAP |
institution |
RCAAP |
reponame_str |
Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) |
collection |
Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) |
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 |
repository.mail.fl_str_mv |
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1799134893790199808 |