The Norwegian government has recently put forward a white paper concerning the management of the red king crab in the Barents Sea. The crab is an introduced species in the Barents Sea. The motive of the introduction was to improve the economy of the Russian coastal fisheries, as the crab...
This paper deals with the control of an invasive species, void of market value, and acting as a space competitor for a native valuable harvested species. The paper presents a theoretical bioeconomic model describing the interacting dynamics of the two stocks. In the model, control variables are the levels of...