2024/10/15 by Guillaume Bataille · 1 voice
Biochemistry, Genetics and Molecular Biology · Medicine · Social Sciences · #Evolution and Genetic Dynamics #Evolutionary Game Theory and Cooperation #Mathematical and Theoretical Epidemiology and Ecology Models
paper · doi:10.1111/nrm.12408
openalex publication_date 2024/10/15 · openalex created_date 2025/10/10 · openalex updated_date 2026/07/23
Abstract This paper derives closed‐form solutions for a strategic , simultaneous harvesting in a predator–prey system. Using a parametric constraint, it establishes the existence and uniqueness of a linear feedback‐Nash equilibrium involving two specialized fleets and allows for continuous time results for a class of payoffs that have constant elasticity of the marginal utility. These results contribute to the scarce literature on analytically tractable predator–prey models with endogenous harvesting. A discussion based on industry size effects is provided to highlight the role played by biological versus strategic interactions in the multispecies context. Recommendations for Resource Managers This model presents a thorough examination of the economic inefficiencies inherent in the exploitation dynamics of two interdependent species, elucidating the complex interplay between ecological interactions and economic outcomes. The size of the fishing industries constitutes a significant variable that must be integrated into the formulation of pertinent policy recommendations. This constitutes an advancement towards a more time‐consistent approach to Ecosystem‐Based Fishery Management (EBFM).