| Título: | A Practical Algorithm for Multiple-Phase Control Systems in Agricultural and Natural Resource Economics |
| Autores: | Doole, Graeme J. |
| Fecha: |
2009-05-15 2009-05-15 2009-04 |
| Publicador: | AgEcon |
| Fuente: |
 |
| Tipo: | Journal Article |
| Tema: |
crop management multiple-phase systems optimal control Crop Production/Industries Resource /Energy Economics and Policy |
| Descripción: | 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. |
| Idioma: | en |
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