Harvesting and seeding of stochastic populations: analysis and numerical approximation
Alexandru Hening, Ky Tran

TL;DR
This paper analyzes optimal harvesting and seeding strategies for stochastic populations, providing analytical results and numerical methods to determine thresholds for sustainable management under various bounded rate scenarios.
Contribution
It introduces novel models for bounded seeding and harvesting, and develops analytical and numerical tools to optimize strategies in stochastic ecological systems.
Findings
Existence of thresholds for population management strategies.
Optimal strategies depend on population size relative to thresholds.
Numerical experiments show constant thresholds are not optimal for multiple species.
Abstract
It is well known that excessive harvesting or hunting has driven species to extinction both on local and global scales. This leads to one of the fundamental problems of conservation ecology: how should we harvest a population so that economic gain is maximized, while also ensuring that the species is safe from extinction? We study an ecosystem of interacting species that are influenced by random environmental fluctuations. At any point in time, we can either harvest or seed (repopulate) species. Harvesting brings an economic gain while seeding incurs a cost. The problem is to find the optimal harvesting-seeding strategy that maximizes the expected total income from harvesting minus the cost one has to pay for the seeding of various species. We consider what happens when one, or both, of the seeding and harvesting rates are bounded. The focus of this paper is the analysis of these three…
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