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Economic growth is unpredictable unless demand is quantified. We solve this problem by introducing the demand for unpaid spare time and a user quantity named human capacity. It organizes and amplifies spare time required for enjoying…

General Finance · Quantitative Finance 2012-06-13 Hans G. Danielmeyer , Thomas Martinetz

This paper studies the optimal control problems of stochastic evolution equations with infinite delay of general functional type. By introducing a non-anticipative path derivative and its infinite-window dual operator, we derive the…

Optimization and Control · Mathematics 2026-05-26 Guanwei Cheng

In this article, we consider the infinite dimensional linear control system describing the Population Models Structured by Age, Size, and Spatial Position. The control is localized in the space variable as well as with respect to the age…

Optimization and Control · Mathematics 2022-09-12 Yacouba Simpore , Umberto Biccari

Artificial ecosystems provide an additional experimental tool to support laboratory work, field work, and theoretical development in competitive exclusion research. A novel application of a spatiotemporal agent based model is presented…

Populations and Evolution · Quantitative Biology 2023-06-01 John C. Stevenson

We consider the problem of maximizing expected utility from consumption in a constrained incomplete semimartingale market with a random endowment process, and establish a general existence and uniqueness result using techniques from convex…

Portfolio Management · Quantitative Finance 2008-12-10 Ioannis Karatzas , Gordan Zitkovic

This work investigates a model describing the interaction of two species in habiting separate but adjacent areas. These populations are governed by a system of equations that account for spatial variations in growth rates and the effects of…

Analysis of PDEs · Mathematics 2025-07-25 Pablo Álvarez-Caudevilla , Cristina Brändle , Fermin González-Pereiro

Context. Astrobiological evolution of the Milky Way (or the shape of its "astrobiological landscape") has emerged as one of the key research topics in recent years. In order to build precise, quantitative models of the Galactic…

Popular Physics · Physics 2019-05-22 Vladimir Đošović , Branislav Vukotić , Milan M. Ćirković

We introduce the logistic model of consumption growth, which captures a negative feedback loop preventing an unlimited growth of consumption due to finite biophysical resources of our planet. This simple dynamic model allows for derivation…

General Finance · Quantitative Finance 2018-07-05 Victor E. Gluzberg , Yuri A. Katz

We discuss linear autonomous evolution equations on function spaces which have the property that a positive initial value leads to a solution which initially changes sign, but then becomes - and stays - positive again for sufficiently large…

Analysis of PDEs · Mathematics 2022-02-22 Jochen Glück

We calculate the optimal solutions of the fully heterogeneous Von Neumann expansion problem with $N$ processes and $P$ goods in the limit $N\to\infty$. This model provides an elementary description of the growth of a production economy in…

Physics and Society · Physics 2009-11-11 Andrea De Martino , Matteo Marsili

We consider an optimal control problem arising in the context of economic theory of growth, on the lines of the works by Skiba (1978) and Askenazy - Le Van (1999). The economic framework of the model is intertemporal infinite horizon…

Optimization and Control · Mathematics 2014-09-05 Francesco Bartaloni

This paper is devoted to study the null controllability properties of a nonlinear age and two-sex population dynamics structured model without spatial structure. Here, the nonlinearity and the couplage are at birth level. \noindent In this…

Analysis of PDEs · Mathematics 2020-09-14 Amidou Traore , Okana S. Sougué , Yacouba Simporé , Oumar Traore

We consider a problem of optimal investment with intermediate consumption and random endowment in an incomplete semimartingale model of a financial market. We establish the key assertions of the utility maximization theory assuming that…

Portfolio Management · Quantitative Finance 2012-10-12 Oleksii Mostovyi

In this paper investigations by the same authors on environmental issues concerning the control of the pollution produced by human activities have been extended to include costs related to environmental interventions. The proposed model…

Numerical Analysis · Mathematics 2025-11-03 Sebastian Anita , Vincenzo Capasso , Simone Scacchi

In this paper, we establish some second order necessary/sufficient optimality conditions for optimal control problems of stochastic evolution equations in infinite dimensions. The control acts on both the drift and diffusion terms and the…

Optimization and Control · Mathematics 2018-11-20 Qi Lu , Haisen Zhang , Xu Zhang

The entanglement of population dynamics, evolution, and adaptive radiation for species competing for resources is studied. For resource harvesting, we modify the model used in Ref. Phys. Rev. Lett. 118 048103 and introduce new resource…

Populations and Evolution · Quantitative Biology 2023-10-03 Sergei V. Koniakhin

We study a spatially explicit harvesting model in periodic or bounded environments. The model is governed by a parabolic equation with a spatially dependent nonlinearity of Kolmogorov--Petrovsky--Piskunov type, and a negative external…

Analysis of PDEs · Mathematics 2010-06-15 Lionel Roques , Mickaël D. Chekroun

When group members claim a portion of limited resources, it is tempting to invest more effort to get a larger share. However, if everyone acts similarly, they all get the same piece they would obtain without extra effort. This is the…

Physics and Society · Physics 2022-06-15 Chaoqian Wang , Attila Szolnoki

Necessary optimality conditions in the form of the maximum principle for control problems with infinite time horizon are considered. Both finite and infinite values of objective functional are allowed since the concept of overtaking or…

Optimization and Control · Mathematics 2017-01-16 Anton O. Belyakov

An impulsive model of augmentative biological control consisting of a general continuous predator-prey model in ordinary differential equations augmented by a discrete part describing periodic introductions of predators is considered. It is…

Optimization and Control · Mathematics 2009-09-29 Ludovic Mailleret , Frédéric Grognard