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Optimal Harvesting for a Stochastic Predator-prey Model with S-type Distributed Time Delays

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  • Sheng Wang

    (Ocean University of China)

  • Linshan Wang

    (Ocean University of China)

  • Tengda Wei

    (Ocean University of China)

Abstract

In this paper, the optimization problem of harvesting for a stochastic predator-prey model with S-type distributed time delays (which contain both discrete time delays and continuously distributed time delays) is studied by using ergodic method. Sufficient and necessary conditions for the existence of optimal harvesting strategy are obtained. Moreover, the optimal harvesting effort (OHE, for short) and the maximum of expectation of sustainable yield (MESY, for short) are given. Some numerical simulations are introduced to illustrate our main results.

Suggested Citation

  • Sheng Wang & Linshan Wang & Tengda Wei, 2018. "Optimal Harvesting for a Stochastic Predator-prey Model with S-type Distributed Time Delays," Methodology and Computing in Applied Probability, Springer, vol. 20(1), pages 37-68, March.
    • Handle: RePEc:spr:metcap:v:20:y:2018:i:1:d:10.1007_s11009-016-9519-2
    DOI: 10.1007/s11009-016-9519-2
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    References listed on IDEAS

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    1. Bao, Jianhai & Hou, Zhenting & Yuan, Chenggui, 2009. "Stability in distribution of neutral stochastic differential delay equations with Markovian switching," Statistics & Probability Letters, Elsevier, vol. 79(15), pages 1663-1673, August.
    2. Liu, Meng & Bai, Chuanzhi, 2016. "Optimal harvesting of a stochastic mutualism model with Lévy jumps," Applied Mathematics and Computation, Elsevier, vol. 276(C), pages 301-309.
    3. Mao, Xuerong & Marion, Glenn & Renshaw, Eric, 2002. "Environmental Brownian noise suppresses explosions in population dynamics," Stochastic Processes and their Applications, Elsevier, vol. 97(1), pages 95-110, January.
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    Cited by:

    1. Zhang, Qiumei & Jiang, Daqing, 2021. "Dynamics of stochastic predator-prey systems with continuous time delay," Chaos, Solitons & Fractals, Elsevier, vol. 152(C).
    2. Liu, Meng & Bai, Chuanzhi, 2020. "Optimal harvesting of a stochastic mutualism model with regime-switching," Applied Mathematics and Computation, Elsevier, vol. 373(C).

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