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For fishery management -- and many other harvesting situations -- it is unreasonable to assume that the harvest rate is constant (i.e., independent of the population). Generally speaking, the more fish, crabs, or lobsters in a given area, the more that will be caught. Thus, for modeling the Maine lobster fishery, we will assume that the harvest rate H is proportional to the population P.
We find it convenient to write the proportionality constant as the product of two components: a catchability quotient, which we denote by Q, and a measure of harvesting effort, which we call E. Q is a biological characteristic of the population -- not subject to human control -- but E is under the control of the lobstermen. Thus, our proportionality constant is Q times E, and our assumption about H is
Our new differential equation is then
where r, K, Q, and E are constants. This equation is not really new, because it can be written in the form
which is a logistic growth equation with a somewhat reduced value for the maximum supportable population.
In particular, what is M (in terms of K, Q, E and r), and how do we know that it is smaller than K?
This logistic model has only one nonzero equilibrium population, namely, M, and it will play a key role in our analysis. We are particularly interested in how M is related to the harvesters' effort E and to the corresponding harvest rate H.
We first explore the effect that effort E has on the catch rate H. The relationship is not obvious, because E also influences the population P. To understand this relationship, we will assume that P has reached equilibrium. This is unlikely to be true -- since E is likely to change every year -- but it is a reasonable approximation, since solutions of the logistic model are always heading toward equilibrium. And -- to be frank -- the equilibrium case is the only one in which we can carry out the analysis.
Your observation in step 4 is very important for being able to determine whether the logistic model reasonably fits observable data. We cannot literally count every lobster off the Maine coast, but, as we will see, we can track measures of catch rate and effort. If the data satisfy the relationship you just found, then we know the model is at least feasible.
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