Dynamic Programming: Applications to Agriculture and Natural Resources - Hardcover

9780853344247: Dynamic Programming: Applications to Agriculture and Natural Resources
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Humans interact with and are part of the mysterious processes of nature. Inevitably they have to discover how to manage the environment for their long-term survival and benefit. To do this successfully means learning something about the dynamics of natural processes, and then using the knowledge to work with the forces of nature for some desired outcome. These are intriguing and challenging tasks. This book describes a technique which has much to offer in attempting to achieve the latter task. A knowledge of dynamic programming is useful for anyone interested in the optimal management of agricultural and natural resources for two reasons. First, resource management problems are often problems of dynamic optimization. The dynamic programming approach offers insights into the economics of dynamic optimization which can be explained much more simply than can other approaches. Conditions for the optimal management of a resource can be derived using the logic of dynamic programming, taking as a starting point the usual economic definition of the value of a resource which is optimally managed through time. This is set out in Chapter I for a general resource problem with the minimum of mathematics. The results are related to the discrete maximum principle of control theory. In subsequent chapters dynamic programming arguments are used to derive optimality conditions for particular resources.

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  • PublisherElsevier
  • ISBN 10 0853344248
  • ISBN 13 9780853344247
  • BindingHardcover
  • Edition number1
  • Number of pages344

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9789401083621: Dynamic Programming: Applications to Agriculture and Natural Resources

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ISBN 10:  9401083622 ISBN 13:  9789401083621
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ISBN 10: 0853344248 ISBN 13: 9780853344247
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Book Description Hardcover. 22,8 x 14,5 cm. Original hard cover. Former library possession with stamps and signatures. XV, 341 pages. Inside clean. Good condition. --- Rosafarbener Originalpappband. Ordentlich ausgeschiedenes Exemplar der Humboldt-Universität zu Berlin mit den entsprechenden Stempeln und Signaturen. XV, 341 Seiten . Innen sauber. Gutes Exemplar. -- Bitte Portokosten außerhalb EU erfragen! / Please ask for postage costs outside EU! / S ' il vous plait demander des frais de port en dehors de l ' UE! -- Genießen Sie den Sommer und bestellen Sie was zum Lesen! LW. Seller Inventory # 115672

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ISBN 10: 0853344248 ISBN 13: 9780853344247
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