Analysis and computation of an optimality equation arising in an impulse control problem with discrete and costly observations

• Published in: Journal of computational and applied mathematics Vol. 366; p. 112399
• Main Authors: Yoshioka, Hidekazu, Tsujimura, Motoh
• Format: Journal Article
• Language: English
• Published: Elsevier B.V 01.03.2020
• Subjects: Discrete and costly observations; Ecological management; Finite difference scheme; Fixed point problem; Model ambiguity; Optimality equation; Finite difference scheme; Ecological management; Model ambiguity; Fixed point problem; Optimality equation; Discrete and costly observations

The framework of discrete and costly observations provides an attractive mathematical tool for stochastic control of biological and ecological systems in natural environment. However, this framework is still germinating, and its applications in these research areas are still rare. In this framework,...