Optimal management of replenishable resources in a predator-prey system with randomly fluctuating population (Q1068760): Difference between revisions

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Optimal management of replenishable resources in a predator-prey system with randomly fluctuating population
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    Optimal management of replenishable resources in a predator-prey system with randomly fluctuating population (English)
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    1986
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    An ecosystem of two species with predator-prey behavior and stochastic growth is formulated. The steady state distribution of the population levels of the species is generated and examined. Optimal harvesting strategies based on a social welfare function are studied. The results derived from constant effort harvesting and an effort adjustment policy are discussed. Qualitative results and interpretations are provided.
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    replenishable resources
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    randomly fluctuating population
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    predator-prey
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    stochastic growth
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    Optimal harvesting strategies
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    social welfare function
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    constant effort harvesting
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    effort adjustment policy
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