Balance Harvest from the Forest as a Renewable Resource Using Game Theory

Forests are among the most important renewable natural resources. While having a great range of benefits, the crucial advantage of forests is the production of oxygen and the absorption of pollutants. Thus, the current article attempts to examine forest exploitation as a source of wood to prevent fo...

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Main Authors: Ngakan Ketut Acwin Dwijendra, R. Sivaraman, Karthikeyan Kaliyaperumal, Rosario Mireya Romero-Parra
Format: Article
Language:English
Published: Wiley 2022-01-01
Series:Discrete Dynamics in Nature and Society
Online Access:http://dx.doi.org/10.1155/2022/1377775
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author Ngakan Ketut Acwin Dwijendra
R. Sivaraman
Karthikeyan Kaliyaperumal
Rosario Mireya Romero-Parra
author_facet Ngakan Ketut Acwin Dwijendra
R. Sivaraman
Karthikeyan Kaliyaperumal
Rosario Mireya Romero-Parra
author_sort Ngakan Ketut Acwin Dwijendra
collection DOAJ
description Forests are among the most important renewable natural resources. While having a great range of benefits, the crucial advantage of forests is the production of oxygen and the absorption of pollutants. Thus, the current article attempts to examine forest exploitation as a source of wood to prevent forest overexploitation. Three smugglers, residents, and timber companies exploit this resource. There is a competition for the perception of this common source between these factors. In this article, these interactions are considered a game in order to obtain the most probable solution in the real competition between these factors by examining this game. This answer is the balance of the game. In order to use this answer, the behavior of the players can be predicted and used in management planning. Since the amount of withdrawals of operating companies depends on the current inventory (t), the player’s behavior is determined by the system’s current state and then Markov equilibrium was obtained for them.
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institution Kabale University
issn 1607-887X
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publishDate 2022-01-01
publisher Wiley
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series Discrete Dynamics in Nature and Society
spelling doaj-art-09be466836104991a373ffe2078482dd2025-02-03T06:12:26ZengWileyDiscrete Dynamics in Nature and Society1607-887X2022-01-01202210.1155/2022/1377775Balance Harvest from the Forest as a Renewable Resource Using Game TheoryNgakan Ketut Acwin Dwijendra0R. Sivaraman1Karthikeyan Kaliyaperumal2Rosario Mireya Romero-Parra3Department of ArchitectureDepartment of MathematicsIoT- HH CampusUniversidad ContinentalForests are among the most important renewable natural resources. While having a great range of benefits, the crucial advantage of forests is the production of oxygen and the absorption of pollutants. Thus, the current article attempts to examine forest exploitation as a source of wood to prevent forest overexploitation. Three smugglers, residents, and timber companies exploit this resource. There is a competition for the perception of this common source between these factors. In this article, these interactions are considered a game in order to obtain the most probable solution in the real competition between these factors by examining this game. This answer is the balance of the game. In order to use this answer, the behavior of the players can be predicted and used in management planning. Since the amount of withdrawals of operating companies depends on the current inventory (t), the player’s behavior is determined by the system’s current state and then Markov equilibrium was obtained for them.http://dx.doi.org/10.1155/2022/1377775
spellingShingle Ngakan Ketut Acwin Dwijendra
R. Sivaraman
Karthikeyan Kaliyaperumal
Rosario Mireya Romero-Parra
Balance Harvest from the Forest as a Renewable Resource Using Game Theory
Discrete Dynamics in Nature and Society
title Balance Harvest from the Forest as a Renewable Resource Using Game Theory
title_full Balance Harvest from the Forest as a Renewable Resource Using Game Theory
title_fullStr Balance Harvest from the Forest as a Renewable Resource Using Game Theory
title_full_unstemmed Balance Harvest from the Forest as a Renewable Resource Using Game Theory
title_short Balance Harvest from the Forest as a Renewable Resource Using Game Theory
title_sort balance harvest from the forest as a renewable resource using game theory
url http://dx.doi.org/10.1155/2022/1377775
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AT rosariomireyaromeroparra balanceharvestfromtheforestasarenewableresourceusinggametheory