Title of article :
Solving multidimensional bioeconomic problems with singular-perturbation reduction methods: Application to managing pest resistance to pesticidal crops
Author/Authors :
Kristine M. Grimsrud، نويسنده , , Ray Huffaker، نويسنده ,
Issue Information :
روزنامه با شماره پیاپی سال 2006
Pages :
18
From page :
336
To page :
353
Abstract :
We investigate the application of ‘singular-perturbation’ reduction methods from the dynamical-systems literature to solve continuous-time multidimensional bioeconomic models resulting from integrating economics with increasingly complex biological structures. These methods reduce multidimensional solution space to the lower-dimensional subspace confining long-term dynamics. They arise naturally in problems with state variables evolving on widely disparate time scales. In particular, we demonstrate how the methods reduce the solution space of a linear-control specification—characterized by two state variables adjusting at widely disparate rates—to a single differential equation in the slow variable. All other system variables are determined by algebraic equations. We apply singular-perturbation methods to investigate the optimal management of pest resistance to pesticidal crops. The pest population evolves on a fast-time scale, while the populationʹs genetic composition evolves on a slow-time scale. In comparison with past work, we can more fully characterize the continuous-time dynamics associated with a complex genetic specification.
Keywords :
bioeconomics , multidimensional , Singular perturbation methods , slow manifold , genetic resistance
Journal title :
Journal of Environmental Economics and Management
Serial Year :
2006
Journal title :
Journal of Environmental Economics and Management
Record number :
704033
Link To Document :
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