TY - JOUR
T1 - On the competitive harvesting of marine resources
AU - Bressan, Alberto
AU - Staicu, Vasile
N1 - Publisher Copyright:
© 2019 Society for Industrial and Applied Mathematics
PY - 2019
Y1 - 2019
N2 - The paper is concerned with the optimal harvesting of a marine resource, described by an elliptic equation with Neumann boundary conditions and a nonlinear source term. We first consider a single agent, whose harvesting effort at various locations is described by a positive Radon measure. Necessary conditions for optimality are derived, complementing the existence result proved in [A. Bressan, G. Coclite, and W. Shen, SIAM J. Control Optim., 5f (2013), pp. 1186-1202]. The second part of the paper deals with a competitive scenario, where several groups of fishermen, from different coastal towns and hence with different cost functions, harvest the same marine resource. We prove the existence of a Nash equilibrium, which is characterized in terms of a suitable variational inequality.
AB - The paper is concerned with the optimal harvesting of a marine resource, described by an elliptic equation with Neumann boundary conditions and a nonlinear source term. We first consider a single agent, whose harvesting effort at various locations is described by a positive Radon measure. Necessary conditions for optimality are derived, complementing the existence result proved in [A. Bressan, G. Coclite, and W. Shen, SIAM J. Control Optim., 5f (2013), pp. 1186-1202]. The second part of the paper deals with a competitive scenario, where several groups of fishermen, from different coastal towns and hence with different cost functions, harvest the same marine resource. We prove the existence of a Nash equilibrium, which is characterized in terms of a suitable variational inequality.
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U2 - 10.1137/18M1192949
DO - 10.1137/18M1192949
M3 - Article
AN - SCOPUS:85077121365
SN - 0363-0129
VL - 57
SP - 3961
EP - 3984
JO - SIAM Journal on Control and Optimization
JF - SIAM Journal on Control and Optimization
IS - 6
ER -