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Dynamic Games and Applications Seminar

Hybrid dynamics of a resource exploitation game

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Feb 17, 2022   11:00 AM — 12:00 PM

Fabio Lamantia Universitá della Calabria, Italy

Fabio Lamantia

Presentation on YouTube

We analyze a bio-economic game of exploitation of renewable resources. To take into account the typically continuous-time modeling of biological species and, instead, of the specialized harvesting activities, which by its nature cannot change continuously, the resulting dynamic system is of the hybrid type, i.e., continuous for biological variables and discrete for the economic ones. Through a discretization of the continuous variables, the problem is then reformulated by means of a three-dimensional map. We study the dynamic properties of this map to understand how economic parameters influence the long-run availability of resources.

Georges Zaccour organizer
Jafar Chaab organizer
Mahsa Mahboob Ghodsi organizer

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Online meeting
Zoom
Montréal Québec
Canada

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