Coexistence, extinction, and optimal harvesting in discrete-time stochastic population models
Alexandru Hening

TL;DR
This paper studies the long-term behavior of stochastic discrete-time populations under harvesting, providing extinction and coexistence criteria, and deriving optimal harvesting strategies for single and interacting species, including predator-prey and competitive models.
Contribution
It introduces new criteria for extinction and coexistence in stochastic models and characterizes optimal harvesting strategies, including bang-bang and proportional strategies, for complex ecosystems.
Findings
Optimal harvesting for single species is bang-bang with a threshold.
In predator-prey systems, strategies depend on interaction parameters and prices.
In competitive systems, harvesting can lead to coexistence or extinction depending on conditions.
Abstract
We analyze the long term behavior of interacting populations which can be controlled through harvesting. The dynamics is assumed to be discrete in time and stochastic due to the effect of environmental fluctuations. We present extinction and coexistence criteria when there are one or two interacting species. We then use these tools in order to see when harvesting leads to extinction or persistence of species, as well as what the optimal harvesting strategies, which maximize the expected long term yield, look like. For single species systems, we show under certain conditions that the optimal harvesting strategy is of bang-bang type: there is a threshold under which there is no harvesting, while everything above this threshold gets harvested. The second part of the paper is concerned with the analysis of ecosystems that have two interacting species which can be harvested. In particular,…
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