Abstract

This paper deals with two species competitive model with optimal harvesting of the second species under bionomic conditions. The model is characterized by a pair of first order non-linear ordinary differential equations. All the possible equilibrium points of the model are identified and the criteria for the local and global stabilities are discussed. The possibility of existence of bio economic equilibrium is being discussed and an optimal harvesting policy is given using Pontryagin’s maximum principle.

Keywords

References

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