Work

Applications of Dynamic Programming to Agriculture, Forestry and Fisheries: Review and Prognosis

Year: 1981

Type: article

Abstract: Farmers are faced with many decision problems in crop and livestock production which are multistage and stochastic. There have been many applications of dynamic programming (DP) to such decision problems, many primarily for illustrative purposes. It is argued that the advent of farmer access to computers will lead to on-farm use of DP. Applications of DP to forestry, fisheries and agricultural policy are also reviewed. The scope and limitations of DP are discussed, and the close relationship between DP and control theory is examined.

Source: RePEc: Research Papers in Economics

DOI: 10.22004/ag.econ.12234

Authors: Kennedy, John O.S., Kennedy, John O.S.

Language: English

Topic: Agricultural economics and policies

Subfield: Safety Research

Field: Social Sciences

Domain: Social Sciences

SDG: Zero hunger

Open Access status: green

OpenAlex ID: W1532867095

FWCI: 5.29

Cites: 1

Cited by: 40

Related to: 10