Optimal Hunting Strategy

In course

Description

This lecture discusses the optimal hunting strategy based on a mathematical model where a hunter decides whether to hunt or stay home depending on the animal population, capture probability, and hunting cost. The analysis shows that hunting is only optimal when the capture probability exceeds the hunting cost.

Official source

https://mediaspace.epfl.ch/media/0_z6ivop71

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Related concepts (33)

Web page

A web page (or webpage) is a hypertext document on the World Wide Web. Web pages are delivered by a web server to the user and displayed in a web browser. A website consists of many web pages linked together under a common domain name. The name "web page" is a metaphor of paper pages bound together into a book. A web page is a structured document. The core element of a web page is a written in the HyperText Markup Language (HTML) which specifies the content of the web page (including links (called hyperlinks) to other web resources, primarily other web pages, and to different sections of the same web page).

Mathematical model

A mathematical model is an abstract description of a concrete system using mathematical concepts and language. The process of developing a mathematical model is termed mathematical modeling. Mathematical models are used in applied mathematics and in the natural sciences (such as physics, biology, earth science, chemistry) and engineering disciplines (such as computer science, electrical engineering), as well as in non-physical systems such as the social sciences (such as economics, psychology, sociology, political science).

Fox hunting

Fox hunting is a traditional activity involving the tracking, chase and, if caught, the killing of a fox, normally a red fox, by trained foxhounds or other scent hounds. A group of unarmed followers, led by a "master of foxhounds" (or "master of hounds"), follow the hounds on foot or on horseback. Fox hunting with hounds, as a formalised activity, originated in England in the sixteenth century, in a form very similar to that practised until February 2005, when a law banning the activity in England and Wales came into force.

Hunting

Hunting is the human practice of seeking, pursuing, capturing, or killing wildlife or feral animals. The most common reasons for humans to hunt are to exploit the animal's body for food (i.e. meat) and useful animal products (fur/hide, bone/tusks, horn/antler, etc.), for recreation/taxidermy (see trophy hunting), although it may also be done for non-exploitative reasons such as removing predators dangerous to humans or domestic animals (e.g.

Mathematical logic

Mathematical logic is the study of formal logic within mathematics. Major subareas include model theory, proof theory, set theory, and recursion theory (also known as computability theory). Research in mathematical logic commonly addresses the mathematical properties of formal systems of logic such as their expressive or deductive power. However, it can also include uses of logic to characterize correct mathematical reasoning or to establish foundations of mathematics.