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Conservation of an ecosystem through optimal taxation

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Abstract

In this paper we study a harvesting problem in the presence of a predator and a tax. The objective is to maximize the monetary social benefit as well as prevent the predator from extinction, keeping the ecological balance.

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Krishna, S.V., Srinivasu, P.D.N. & Kaymakcalan, B. Conservation of an ecosystem through optimal taxation. Bull. Math. Biol. 60, 569–584 (1998). https://doi.org/10.1006/bulm.1997.0023

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  • DOI: https://doi.org/10.1006/bulm.1997.0023

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