State-Dependent Resource Harvesting with Lagged Information about System States

Fred A Johnson1, Paul L Fackler2, G Scott Boomer3

  • 1Wetland and Aquatic Research Center, U. S. Geological Survey, Gainesville, Florida, United States of America.

Plos One
|June 18, 2016
PubMed
Summary

This study modifies Markov decision processes (MDPs) for natural resource management with delayed state observations. Optimal adaptive policies were developed, maintaining management performance despite uncertain system states.

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