Rocha, José María Da; Antelo, Luis T.; Huerta, Gutiérrez - Departamento de Fundamentos del Análisis Económico … - 2012
Optimal management in a multi-cohort Beverton-Holt model with any number of age classes and imperfect selectivity is equivalent to finding the optimal fish lifespan by chosen fallow cycles. Optimal policy differs in two main ways from the optimal lifespan rule with perfect selectivity. First,...