Displaying 1 - 3 of 3 records found.
Title | Type |
|---|---|
Brander-Taylor model and variations | Case |
| Brander-Taylor Easter Island Model and its variations. Brander and Taylor (1998) summarizes the background of the model as the following. Easter Island (also called Rapa Nui) is a small Pacific island over 2,000 miles (3,200 km) from the coast of Chile, with a population (as of the early 1990's) of about 2,100. For the past two centuries, Easter Island has been regarded as a major archaeological and anthropological mystery. In particular, the Polynesian civilization in place at the time of... | 09 Aug 2016 |
Fishery Model | Model |
| This is a standard Gordon-Schaefer model that simulates a simple open-access fishery in discrete time. A fishery stock grows logistically and is harvested by humans. Fishers always exert too much effort and harvest fish at a level that is socially NOT optimal. This happens because fishers are driven to harvest until their net profit drops down to zero. A socially optimal level of harvesting effort is attained when marginal cost of harvesting effort and marginal revenue from harvesting become... | 09 Aug 2016 |
Predator-Prey Model | Model |
| This is a simple predator-prey model with type I or II functional response (depending on parameter choices). The model is also known as the Lotka–Volterra equation. Prey grows logistically and is harvested by predators. In the model, predators are specialists (i.e., they eat only one particular prey species for survival and growth), and their predation pattern can be either type I or II functional response. In type I, the predation rate depends only on the prey density ($b=0$), i.e., how... | 09 Aug 2016 |