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An Existence of Optimal Control in the Fishing Sector Using Individual Model

Journal: International Journal of Trend in Scientific Research and Development (Vol.7, No. 1)

Publication Date:

Authors : ;

Page : 727-736

Keywords : Optimal control; Maximize Utility; Fishing; Walras Law; Optimization;

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Abstract

In this study, we looked at an optimum control model that has been around for a while and can be modified thanks to technology. To demonstrate that the fishing industry can be in an ideal control by employing a single product species , the individual model to optimize utility is clearly discussed. It has been demonstrated that fish growth can match with pricing to close the for others gap.To maximize the utility of the consumer, a nonlinear convex idea is implemented utilizing an individual model of consumer behavior. In doing so, it has demonstrated the best possible control of the fishing boat as it navigated the river in search of fish. Consequently, in the fishing area. The model used will demonstrate mathematical analysis of the best possible control strategies used by the fishing industry.There are also given the necessary and sufficient requirements for the supplied vector field to be an individual demand function. The findings in this research significantly outperform earlier findings by a number of researchers in this field.Models that demonstrated the effect of technology on the fishery sector has been shown. Ebrima Bittaye "An Existence of Optimal Control in the Fishing Sector Using Individual Model" Published in International Journal of Trend in Scientific Research and Development (ijtsrd), ISSN: 2456-6470, Volume-7 | Issue-1 , February 2023, URL: https://www.ijtsrd.com/papers/ijtsrd52769.pdf Paper URL: https://www.ijtsrd.com/other-scientific-research-area/other/52769/an-existence-of-optimal-control-in-the-fishing-sector-using-individual-model/ebrima-bittaye

Last modified: 2023-06-29 21:46:32