This Thursday (tomorrow), 20/04/2023, at 11:30h, Nuno Brites will talk to us about optimization of fisheries management strategies.
The lecture will be in a hybrid format. We invite everyone to be present in the brown IPMA room (Luis Saldanha room).
Link to event, title, abstract and biography below.
For zoom participants, it is essential to put your name and institution when you enter the zoom.
See you then !
Alexandra e Marta
Link do evento:
https://videoconf-colibri.zoom.us/j/91404148973?pwd=THBLL2xjeFlsRU5RSy9jdHY4UFljUT09
Meeting ID: 914 0414 8973
Password: 583275
TITLE
A stochastic optimal control problem with a generalized logistic harvesting growth model
ABSTRACT
Stochastic optimal control methods have been applied to design optimal harvesting policies in a randomly varying environment. Here, we describe the growth dynamics of a stock using stochastic differential equations with a generalized logistic growth model, allowing us to obtain several particular models. For each model, we compute the optimal variable effort policy and compare the expected net present value of the total profit earned by the harvester among policies. In addition, we further extend the study to include parameters sensitivity, such as costs and volatility.
BIOGRAFIA/BIOGRAPHY
Centre of Statistics and its Applications (CEAUL)
Faculty of Sciences, Univ. of Lisbon, Portugal