Analysis of predator-prey models with continuous threshold harvesting

We formulate an alternative form of threshold harvesting and investigate its properties within the framework of a predator-prey model. Our formulation accounts for economic constraints and is defined as a continuous harvesting function of the predator species. Theoretical and numerical analysis indicate that our formulation, which we call continuous threshold policy (CTP), can help improve undesirable behavior of the predator-prey ecosystem. Our study includes uniform boundedness of solutions, stability of equilibria and periodic orbits, bifurcations, and heteroclinic orbits.