The biennial life strategy in a random environment

A discrete-time population model with two age classes is studied which describes the growth of biennial plants in a randomly varying environment. A fraction of the oldest age class delays its flowering each year. The solution of the model involves products of random matrices. We calculate the exact mean and variance of the long-run geometric growth rate assuming a gamma distribution for the random number of offspring per flowering plant after one year. It is shown, both by analytical calculation and numerical examples, that it is profitable for the population to delay its flowering, in the sense that the average growth rate increases and the extinction probability decreases. The optimal values of the flowering fraction depend upon the environmental and model parameters