1. Optimal harvesting of a stochastic delay competitive Lotka–Volterra model with Lévy jumps.
- Author
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Qiu, Hong and Deng, Wenmin
- Subjects
- *
LOTKA-Volterra equations , *LEVY processes , *BIOLOGICAL extinction , *DISTRIBUTION (Probability theory) , *COMPUTER simulation , *STABILITY theory , *MATHEMATICAL models - Abstract
This paper systematically investigates the optimal harvesting of a stochastic delay competitive Lotka–Volterra model with Lévy jumps. Under some simple assumptions, the sufficient conditions for extinction and stable in the time average of each species are established. The stability in distribution of this model is proved under our assumptions. Finally, the sufficient and necessary criteria for the existence of optimal harvesting policy are established and the explicit expression of the optimal harvesting effort and the maximum of sustainable yield are also obtained. And some numerical simulations are introduced to demonstrate the theoretical results. [ABSTRACT FROM AUTHOR]
- Published
- 2018
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