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Optimal Harvesting Policy
for an Age-Specific Population
CHRIS RORRES AND WYMAN FAIR
Depariment of Mathematics, Drexel Uniwrsi@,
Philadelphia, Penmyluania 19104
Communicated by K. Watt
ABSTRACT
The optimal equilibrium harvesting policy for an age-specific population of females is
investigated. Using a Leslie growth model, we consider admissible harvesting policies in
which a certain fraction of each age group is harvested in such a way that the population
returns to an identical age configuration after each harvest. The optimal harvesting policy,
that policy which maximizes the yield subject to a Imear ecological or economic con-
straint, is found. It is shown to consist of harvesting a certain fraction of a primary age
group and all of a secondary age group. The primary age group is younger than, or the
same age as, the “surplus” age group, that age group during which the cumulative
expected number of daughters born to a female first exceeds one. The secondary age
group is older than the surplus age group, though in some cases it is absent from the
problem. The two harvesting ages are dependent on the birth and death rates and the
economic parameters of the problem.
1. INTRODUCTION
Much recent research has been devoted to the problem of harvesting a
renewable resource in the most profitable manner. Various mathematical
models have been devised for harvesting whales, seals, deer, fish, etc., to
maximize yield and/or to prevent extinction of the population. Stochastic
models have been developed by Jaquette [4] and Mann
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