| Registro completo |
| Provedor de dados: |
AgEcon
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| País: |
United States
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| Título: |
A Practical Algorithm for Multiple-Phase Control Systems in Agricultural and Natural Resource Economics
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| Autores: |
Doole, Graeme J.
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| Data: |
2009-05-15
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| Ano: |
2009
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| Palavras-chave: |
Crop management
Multiple-phase systems
Optimal control
Crop Production/Industries
Resource /Energy Economics and Policy
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| Resumo: |
Many important problems in agricultural and natural resource economics concern an intertemporal choice between alternate dynamic systems. This significance has motivated a theoretical literature generalizing the necessary conditions of Optimal Control Theory to multiple-phase problems. However, gaining detailed insight into their practical management is difficult because general numerical solution methods are not available. This paper resolves this deficiency through the development of a flexible and efficient computational algorithm based on a set of necessary conditions derived for finite-time, multiple-phase systems. Its effectiveness is demonstrated in an application to a nontrivial crop rotation problem.
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| Tipo: |
Journal Article
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| Idioma: |
Inglês
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| Identificador: |
http://purl.umn.edu/50082
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| Relação: |
Journal of Agricultural and Resource Economics>Volume 34, Number 1, April 2009
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| Formato: |
21
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