Optimal Harvesting Problems with Mean Field Interactions

活动时间:2024-08-09 16:00

活动地点:2号学院454会议室

主讲人:朱超

主讲人中文简介:

朱超 教授, 2007年获韦恩州立大学获博士学位,  现为 University of Wisconsin-Milwaukee教授。 

活动内容摘要:

Abstract: This work deals with optimal harvesting problems in natural resource management with mean field interactions,  where the underlying process is a general one-dimensional diffusion. The goal of an individual agent is to maximize the long-term average rewards from harvesting and carbon credits, with the unit price of harvesting depending on the market through a mean field structure. In a competitive market, we establish the existence of an equilibrium strategy under mild conditions. We also formulate and solve the mean field control problem, in which the agents cooperate with each other. 

This is a joint work with Kurt L. Helmes (Humboldt University of Berlin, Germany) and Richard H. Stockbridge (University of Wisconsin-Milwaukee).

主持人:张振中