bioeconomical ricker's model of marine protected areas

bioeconomical ricker's model of marine protected areas

;Cameron N. Christou;Lev V. Idels
icsoft 2006 - 1st international conference on software and data technologies, proceedings 2012 Vol. 2012 pp. 1-11
191
christou2012electronicbioeconomical

Abstract

Marine protected areas (MPA) become part of modern fishery management to safeguard marine life and sustain ecosystem processes. Based on a classical Ricker's model, the deterministic nonlinear sink-source model of MPA is presented. Sufficient conditions for the existence of positive bounded steady-states are obtained. The present value of net revenue is maximized subject to population dynamics in the fishing zone and in the protected area. The analysis has shown that there is an optimal equilibrium solution, and the best harvesting policy to attain this equilibrium position is a bang-bang control effort. It was demonstrated numerically by comparing the optimal harvesting rate against a constant harvesting rate, and the fast convergence to the optimal equilibrium guarantees greater profits under the optimal harvesting strategy.

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