Please use this identifier to cite or link to this item: http://hdl.handle.net/20.500.11861/6446
Title: Optimal management of replenishable resources in a predator-prey system with randomly fluctuating population
Authors: Prof. YEUNG Wing Kay, David 
Issue Date: 1986
Source: Mathematical Biosciences, Mar. 1986, vol. 78(1), pp. 91-105.
Journal: Mathematical Biosciences 
Abstract: 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.
Type: Peer Reviewed Journal Article
URI: http://hdl.handle.net/20.500.11861/6446
ISSN: 0025-5564
DOI: 10.1016/0025-5564(86)90033-7
Appears in Collections:Economics and Finance - Publication

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