Abstract

A multispecies harvesting model with mutual interactions is formulated based on Lotka-Voltera model with three competing species which are affected not only by harvesting but also by the presence of prey, predator and the third species, which is super predator. In order to understand the dynamics of the system, it is assumed that the super predator follows the logistic growth. Further, there is demand for all the above three species in the market and hence harvesting of all species is performed. We derive the condition for global stability of the system using a suitable Lyapunov function. The possibility of existence of bioeconomic equilibrium is discussed. The optimal harvest policy is studied and the solution is derived under imprecise inflation in fuzzy environment using Pontryagin's maximal principle. Finally some numerical examples are discussed to illustrate the model.[PUBLICATION ABSTRACT]

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