Mid-term bio-economic optimization of multi-species fisheries

Fuente: arXiv
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Auteurs principaux: Bayon, L., Ayuso, P. Fortuny, Garcia-Nieto, P. J., Otero, J. A., Suarez, P. M., Tasis, C.
Format: Preprint
Publié: 2025
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author Bayon, L.
Ayuso, P. Fortuny
Garcia-Nieto, P. J.
Otero, J. A.
Suarez, P. M.
Tasis, C.
author_facet Bayon, L.
Ayuso, P. Fortuny
Garcia-Nieto, P. J.
Otero, J. A.
Suarez, P. M.
Tasis, C.
contents In this paper, we analyze the dynamics of a multi-species fisheries system in the presence of harvesting. We solve the problem of finding the optimal harvesting strategy for a mid-term horizon with a fixed final stock of each species, while maximizing the expected present value of total revenues. The problem is formulated as an optimal control problem. For its solution, we combine techniques derived from Pontryagin's Maximum Principle, cyclic coordinate descent and the shooting method. The algorithm we develop can solve problems both with inter-species competition and with predator-prey behaviors. Several numerical examples are presented to illustrate the different possibilities of the method and a study of the dependence of the behavior on some parameters is performed.
format Preprint
id arxiv_https___arxiv_org_abs_2501_09452
institution arXiv
publishDate 2025
record_format arxiv
spellingShingle Mid-term bio-economic optimization of multi-species fisheries
Bayon, L.
Ayuso, P. Fortuny
Garcia-Nieto, P. J.
Otero, J. A.
Suarez, P. M.
Tasis, C.
Optimization and Control
In this paper, we analyze the dynamics of a multi-species fisheries system in the presence of harvesting. We solve the problem of finding the optimal harvesting strategy for a mid-term horizon with a fixed final stock of each species, while maximizing the expected present value of total revenues. The problem is formulated as an optimal control problem. For its solution, we combine techniques derived from Pontryagin's Maximum Principle, cyclic coordinate descent and the shooting method. The algorithm we develop can solve problems both with inter-species competition and with predator-prey behaviors. Several numerical examples are presented to illustrate the different possibilities of the method and a study of the dependence of the behavior on some parameters is performed.
title Mid-term bio-economic optimization of multi-species fisheries
topic Optimization and Control
url https://arxiv.org/abs/2501.09452