Spatial Dynamics of Optimal Management in Bioeconomic Systems

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• 作者：David Aadland (1)
  Charles Sims (2)
  David Finnoff (1)
  
  1. Department of Economics and Finance ; University of Wyoming ; 1000 E. University Avenue ; Laramie ; WY ; 82071 ; USA
  2. Department of Economics ; Howard H. Baker Jr. Center for Public Policy ; University of Tennessee ; 1640 Cumberland Ave ; Knoxville ; TN ; 37996 ; USA
  
• 关键词：Dynamic systems ; Spatial models ; Bioeconomics ; Migration ; Predator ; prey models ; C61 ; D62 ; Q23 ; Q57
• 刊名：Computational Economics
• 出版年：2015
• 出版时间：April 2015
• 年：2015
• 卷：45
• 期：4
• 页码：545-577
• 全文大小：1,930 KB
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• 刊物类别：Business and Economics
• 刊物主题：Economics
  Economic Theory
  
• 出版者：Springer Netherlands
• ISSN：1572-9974

文摘

We develop a computationally efficient methodology to evaluate optimal management in a spatially and temporally dynamic bioeconomic system. The method involves standard techniques from the macroeconomics literature to calculate approximately optimal linear decision rules. Iterations between the decision rules and the nonlinear biological system produce optimal transition paths over space and time. We then apply the methodology to forest management over a \(6\times 6\) spatial grid where a pest insect (mountain pine beetles) preys on trees that provide a wide array of ecosystem services. The method is sufficiently general to be applicable to a wide range of spatially and temporally dynamic economic systems.