A tutorial on bio-economic SDP modeling: an illustration of fisheries policies

D. van Dijk, E.M.T. Hendrix, R. Haijema, R. Groeneveld, E.C. van Ierland

Research output: Working paperAcademic

Abstract

Stochastic dynamic programming (SDP) is a useful tool for analyzing policy questions in fisheries management. In order to understand and reproduce solution procedures such as value function iteration, an analytic elaboration of the problem and model characteristics is required.
Original languageEnglish
Publication statusPublished - 2012

Keywords

  • fishery policy
  • fishery management
  • fisheries
  • stochastic programming
  • fish stocks
  • models

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