Harvesting and Conversation in a Predator-Prey System
AbstractOptimal harvesting of prey in a predator–prey ecosystem is studied under the condition that the existence of the predator has value. Predators (birds) and humans (fishers) compete for prey (shellfish). The behavior of the system is studied and conditions for optimal control are deduced. Various optimal harvest rates are identified for particular ecosystem and economic parameters. We discuss optimal harvest rates, focusing on system characteristics that lead to the survival of birds. The approach path towards an optimal regime is shown qualitatively for different types of optimal harvest regimes. This discussion paper has resulted in a publication in the Journal of Economic Dynamics and Control , 2005, 29(6), 1097-1120.
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Bibliographic InfoPaper provided by Tinbergen Institute in its series Tinbergen Institute Discussion Papers with number 01-024/3.
Date of creation: 26 Feb 2001
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Web page: http://www.tinbergen.nl
Renewable resources; Optimal harvesting; Conservation; Predator–prey systems;
Other versions of this item:
- Hoekstra, Jeljer & van den Bergh, Jeroen C.J.M., 2005. "Harvesting and conservation in a predator-prey system," Journal of Economic Dynamics and Control, Elsevier, vol. 29(6), pages 1097-1120, June.
- Q20 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Renewable Resources and Conservation - - - General
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