Prof. YEUNG Wing Kay, DavidDavidProf. YEUNG Wing Kay2021-02-262021-02-261986Mathematical Biosciences, Mar. 1986, vol. 78(1), pp. 91-105.0025-5564http://hdl.handle.net/20.500.11861/6446An 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.enOptimal management of replenishable resources in a predator-prey system with randomly fluctuating populationPeer Reviewed Journal Article10.1016/0025-5564(86)90033-7