Economic dynamics of reservoir sedimentation management: Optimal control with singularly perturbed equations of motion |
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Authors: | Ray Huffaker Rollin Hotchkiss |
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Institution: | aSchool of Economic Sciences, Washington State University, Pullman, WA 99164, USA;bDepartment of Civil and Environmental Engineering, Brigham Young University, Provo, UT 84602, USA |
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Abstract: | We analyze the economic dynamics of reservoir sedimentation management using the hydrosuction-dredging sediment-removal system. System dynamics depend on two interdependent hydraulic processes evolving at different rates. The accumulation of water impounded in the reservoir evolves on a ‘fast’ time scale, while the loss of water storage capacity to trapped sediments evolves on a ‘slow’ time scale. We formulate a multidimensional optimal control problem with singularly perturbed equations of motion to accommodate the disparate time scales. We apply singular perturbation methods to approximate (via polynomial series expansion) a ‘slow’ manifold reducing multi-dimensional solution space to the single-dimensional subspace confining long-term dynamics. |
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Keywords: | Bioeconomics Optimal control Renewable resources Reservoir sedimentation management Singular perturbation theory |
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