This book is devoted to the study of optimal control problems
arising in forest management, an important and fascinating topic in
mathematical economics studied by many researchers over the years.
The volume studies the forest management problem by analyzing a
class of optimal control problems that contains it and showing the
existence of optimal solutions over infinite horizon. It also
studies the structure of approximate solutions on finite intervals
and their turnpike properties, as well as the stability of the
turnpike phenomenon and the structure of approximate solutions on
finite intervals in the regions close to the end points. The book
is intended for mathematicians interested in the optimization
theory, optimal control and their applications to the economic
theory.
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