Copyright © 2012 Hai-Feng Huo et al. This is an open access article distributed under the Creative Commons Attribution License, which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.
Abstract
The present paper deals with a dynamic reaction model of a fishery. The dynamics of a fishery resource system in an aquatic environment consists of two zones: a free fishing zone and a reserve zone. To protect fish population from over exploitation, a control instrument tax is imposed. The existence of its steady states and their stability are studied. The optimal harvest policy is discussed next with the help of Pontryagin's maximum principle.
Our theoretical results are confirmed by numerical simulation.