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Applications to Natural Resources

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Optimal Control Theory

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Abstract

The increase in world population is causing a corresponding increase in the demand for consumption of natural resources. As a consequence the optimal management and utilization of natural resources is becoming increasingly important. There are two main kinds of natural resource models: those involving renewable resources such as fish, food, timber, etc., and those involving nonrenewable or exhaustible resources such as petroleum, minerals, etc.

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Authors and Affiliations

  1. Jindal School of Management, SM30, University of Texas at Dallas, Richardson, TX, USA

    Suresh P. Sethi

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  1. Suresh P. Sethi
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Sethi, S.P. (2019). Applications to Natural Resources. In: Optimal Control Theory. Springer, Cham. https://doi.org/10.1007/978-3-319-98237-3_10

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