Good Chicken Gardens, LLC

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Natural Resource Open Access Model

Work in progress!

Natural Resource Open Access Model

Natural Resource Open Access Model

System State: Stable

Parameters

Current Indicators:
Target Equilibrium (X∞):
Stability Midpoint:

Scientific Context

This model simulates a renewable resource system with critical depensation. The system enters a “Hopf Bifurcation” (wild oscillations) when the economic target falls below the biological midpoint.

$$\frac{dX}{dt} = rX \left(\frac{X}{K_1} – 1\right) \left(1 – \frac{X}{K_2}\right) – qXE$$ $$\frac{dE}{dt} = \alpha[(p – s)qX – c]E$$

The Variables

  • X: The renewable resource population.
  • E: The level of effort devoted to harvest.
  • r: The intrinsic growth rate.
  • K₁: The minimum viable population level.
  • K₂: The environmental carrying capacity.
  • q: The catchability coefficient.
  • α: An adjustment coefficient for effort.
  • (p−s): The market price net of shipping cost.
  • c: The unit cost of effort.

Key Ecological Concepts

  • Critical Depensation: If population falls below K₁, it will decline to extinction.
  • Open Access Equilibrium (X∞): The population level where the system stabilizes: $$X_{\infty} = \frac{c}{(p – s)q}$$.
  • Hopf Bifurcation: As economic conditions change, X∞ can move from stable to unstable, causing wild oscillations that lead to extinction.