Soleiman Mohammadi Limaei is currently an Assistant Professor at the Forestry Department of University of Guilan, Iran. ,
,In the book the author describes how he has accomplished the results presented in the book
,The optimal harvest decisions were calculated via stochastic dynamic programming. The harvest decisions that maximize the expected present value of all profits over time are made adaptively, conditional on the latest available price and stock information. The results show that you may increase the expected present value via optimal adaptive decisions. Dynamic game theory was applied in a duopsony situation in the timber market and duopoly situation in the product market in northern Iran. The trajectories of the decision probability combination were investigated. It was found that a large number of initial conditions make the decision probability combination follow a special form of attractor and that centers can be expected to appear in typical games. ,
,The book can be purchased from Amazon.com
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,More Books publishing,
,Ivar Palo
,www.skogssverige.se