Optimal management of replenishable resources in a predator-prey system with randomly fluctuating population (Q1068760)
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| Language | Label | Description | Also known as |
|---|---|---|---|
| English | 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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