Optimality and sustainability of delayed impulsive harvesting

DOI10.1016/J.CNSNS.2022.106914MaRDI QIDQ2108652zbMATH OpenOpenAlexFDO

Authors Jennifer Lawson, E. Braverman

Publication date 20 December 2022

Published in Communications in Nonlinear Science and Numerical Simulation (Search for Journal in Brave)

Full work available at URL https://arxiv.org/abs/2210.05878

zbMATH Keywords

impulsive systemlogistic equationpopulation dynamicsoptimal harvestingimpulsive delayed harvesting

Mathematics Subject Classification ID

Environmental economics (natural resource models, harvesting, pollution, etc.) (91B76) Population dynamics (general) (92D25) Functional-differential equations with impulses (34K45)

Abstract: We consider a logistic differential equation subject to impulsive delayed harvesting, where the deduction information is a function of the population size at the time of one of the previous impulses. A close connection to the dynamics of high-order difference equations is used to conclude that while the inclusion of a delay in the impulsive condition does not impact the optimality of the yield, sustainability may be highly affected and is generally delay-dependent. Maximal and other types of yields are explored, and sharp stability tests are obtained for the model, as well as explicit sufficient conditions. It is also shown that persistence of the solution is not guaranteed for all positive initial conditions, and extinction in finite time is possible, as is illustrated in the simulations.

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• Intertemporal preferences and intergenerational equity considerations in optimal resource harvesting
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• Exponential stability of delayed discrete-time systems with averaged delayed impulses

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