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...

India has a very diverse geography and many aspects of this geographical landscape are tied to its economy. Natural disasters are quite commonplace in some areas and thus the significance of disaster management policy becomes extremely crucial. This research study aimed to analyse policy...