Published October 7, 2016 | Version v1
Journal article

Optimal harvesting of a stochastic delay logistic model with Lévy jumps

  • 1. College of Science, Civil Aviation University of China, Tianjin 300300 (China)

Description

The optimal harvesting problem of a stochastic time delay logistic model with Lévy jumps is considered in this article. We first show that the model has a unique global positive solution and discuss the uniform boundedness of its p th moment with harvesting. Then we prove that the system is globally attractive and asymptotically stable in distribution under our assumptions. Furthermore, we obtain the existence of the optimal harvesting effort by the ergodic method, and then we give the explicit expression of the optimal harvesting policy and maximum yield. (paper)

Availability note (English)

Available from http://dx.doi.org/10.1088/1751-8113/49/40/405601

Additional details

Publishing Information

Journal Title
Journal of Physics. A, Mathematical and Theoretical (Online)
Journal Volume
49
Journal Issue
40
Journal Page Range
[10 p.]
ISSN
1751-8121

INIS

Country of Publication
United Kingdom
Country of Input or Organization
International Atomic Energy Agency (IAEA)
INIS RN
48100045
Subject category
S71: CLASSICAL AND QUANTUM MECHANICS, GENERAL PHYSICS;
Descriptors DEI
DISTRIBUTION; MATHEMATICAL SOLUTIONS; STOCHASTIC PROCESSES