This book is concerned with the application of Evolutionary Algorithms (EA) in the domain of management. EA are powerful and broadly applicable search and optimisation techniques based on principles from evolution theory, with Genetic Algorithms being the most well-known class. The first part of...

The effects of random environmental impacts on optimal exploitation of a fish population are investigated using both optimization and simulation, based on a discrete-time age-structured bioeconomic model. The optimization problem is solved as a non-linear programming problem in GAMS. First, a...

This study presents a multispecies stochastic model. The model suggests optimal fishing policy for two species in a three species predator prey ecosystem in the Barents Sea. We have employed stochastic dynamic programing to solve a three dimensional model, where catch is optimized by a...