3 papers
math.OC2025
Joint Stochastic Optimal Control and Stopping in Aquaculture: Finite-Difference and PINN-Based Approaches
Kevin Kamm
This paper studies a joint stochastic optimal control and stopping (JCtrlOS) problem motivated by aquaculture operations, where the objective is to maximize farm profit through an…
stat.AP2024
On the Impact of Biological Risk in Aquaculture Valuation and Decision Making
Christian-Oliver Ewald, Kevin Kamm
This paper explores the impact of stochastic mortality and disease on animal-based commodities, with a specific emphasis on aquaculture, particularly in the context of salmon farmi…
q-fin.RM2023
On the Impact of Feeding Cost Risk in Aquaculture Valuation and Decision Making
Christian Oliver Ewald, Kevin Kamm
We study the effect of stochastic feeding costs on animal-based commodities with particular focus on aquaculture. More specifically, we use soybean futures to infer on the stochast…