Game Theory And Policy Making In Natural Resources And The Environment

Game Theory has become one of the main analytical tools for addressing strategic issues in the field of economics and is increasing its influence in other fields of social sciences. With the increased level of extraction of natural resources and pollution of environments, game theory gains its place in the literature and it is more and more seen as a tool for policy makers and not only for theoreticians. The book is structured into four parts dealing with the management of natural resources, the negotiation aspects of water management, water allocation through pricing and markets, and how conflicts and regulation shape the management of the environment. The first part explores game theory concepts applied to fisheries and grazing lands, which are two important natural resources. In the next two parts, several game theory methodologies are considered in the negotiation approach to water management and approaches to water pricing and markets. The last section looks at environmental protection as the end process of the interplay between conflict and regulation. This book includes chapters by experts from developing and developed countries that apply game theory to actual issues in natural resources and the environment. As such the book is extremely useful for graduate students and technical experts interested in the sustainable management of natural resource and the environment. It is also relevant to all Game Theory and Environmental Economics students.

This book includes chapters by experts from developing and developed countries that apply game theory to issues in natural resources and the environment, demonstrating the usefulness of game theory in policy-making and appealing to a wide audience.

Game Theory has become one of the main analytical tools for addressing strategic issues in the field of economics and is increasing its influence in other fields of social sciences. With the increased level of extraction of natural resources and pollution of environments, game theory gains its place in the literature and it is more and more seen as a tool for policy makers and not only for theoreticians. The book is structured into four parts dealing with the management of natural resources, the negotiation aspects of water management, water allocation through pricing and markets, and how conflicts and regulation shape the management of the environment. The first part explores game theory concepts applied to fisheries and grazing lands, which are two important natural resources. In the next two parts, several game theory methodologies are considered in the negotiation approach to water management and approaches to water pricing and markets. The last section looks at environmental protection as the end process of the interplay between conflict and regulation. This book includes chapters by experts from developing and developed countries that apply game theory to actual issues in natural resources and the environment. As such the book is extremely useful for graduate students and technical experts interested in the sustainable management of natural resource and the environment. It is also relevant to all Game Theory and Environmental Economics students.

This book summarises the latest achievements of researchers involved in the application of game theory to the analysis of environmental matters. It provides an overview of different methods and applications, and gives the reader new insights on the solutions to complex environmental problems. The authors investigate various game theoretic approaches, including cooperative and non-cooperative game theory, and analyse both dynamic and static games. They illustrate the application of these approaches to global and local environmental problems, and present novel but effective tools to support environmental policy making. In particular, they focus on three important issues; climate negotiations and policy, the sharing of environmental costs, and environmental management and pollution control.

The existence of environmental dilemmas and political conflicts leads us to appreciate the need for individuals and groups to behave strategically in order to achieve their goals and maintain their wellbeing. Global issues such as climate change, resource depletion, and pollution, as well as revolts and protests against corporations, regimes, and other central authorities, are the result of increased levels of externalities among individuals and nations. These all require policy intervention at international and global levels. This book includes chapters by experts proposing game theoretical solutions and applying experimental design to a variety of social issues related to global and international conflicts over natural resources and the environment. The focus of the book is on applications that have policy implications, relevance and, consequently, could lead to the establishment of policy dialogue. The chapters in the book address issues that are global in nature, such as international environmental agreements over climate change, international water management, common pool resources, public goods, international fisheries, international trade, and collective action, protest, and revolt. The book’s main objective is to illustrate the usefulness of game theory and experimental economics in policy making at multiple levels and for various aspects related to global and international issues. The subject area of this book is already widely taught and researched, but it continues to gain popularity, given growing recognition that the environment and natural resources have become more strategic in human behavior.

Game theory has emerged as a powerful tool in environmental economics, especially in the study of such transboundary pollution problems as global warming and acid rain. This book addresses key issues in the application of game theory to environmental economics and environmental management.

Abstract: This paper provides a review of various applications of cooperative game theory (CGT) to issues of natural and environmental resources. With an increase in the level of competition over environmental and natural resources, the incidents of disputes have been at the center of allocation agreements. The paper reviews the cases of common pool resources such as fisheries and forests, and cases of environmental pollution such as acid rain, flow, and stock pollution. In addition to providing examples of cooperative solutions to allocation problems, the conclusion from this review suggests that cooperation over scarce environmental and natural resources is possible under a variety of physical conditions and institutional arrangements. CGT applications to international fishery disputes are especially useful in that they have been making headway in policy-related agreements among states and regions of the world. Forest applications are more local in nature, but of great relevance in solving disputes among communities and various levels of governments.

The WSPC Reference on Natural Resources and Environmental Policy in the Era of Global Change provides a comprehensive and prominent reference of various highly authoritative volumes of long-term scientific value, for milestone concepts and theories. The books in the reference set are edited by leading experts in the fields of: Game Theory, International Relations and Global Politics, Computable General Equilibrium (CGE): Economy-Wide Modeling, and Experimental Economics. Each book in the reference set includes chapters that are laid out by recognized, broadly respected researchers, in fields associated with issues related to natural resources and environmental policy in the era of global change. The reference set focuses on the economic and strategic aspects of interactions among various parts of society, all dependent on the availability and utilization of limited natural resources and their impact on the environment. Policy implications are addressed, including current challenges and future perspectives. The combination of the four books provides a unique perspective on the issues that engage the public discourse of researchers and policy-makers at state, regional, and global levels. Each of the books in the reference set and all four books as a whole provide coverage of disciplines and angles through which the reader can obtain an understanding of the state-of-the-art of dealing with natural resources and environmental policy in the era of global change. The books in the reference set complement each other and provide a scientific understanding of our ability to address the issues covered. Contents: Volume 1: Game Theory: Overcoming Principal–Agent Problems to Improve Cooperative Governance of Internationally Shared Fisheries (Megan Bailey, Niels Vestergaard and U Rashid Sumaila)Common Property Resource Exploitation under Imperfect Competition (Hassan Benchekroun)Mitigation and Solar Radiation Management in Climate Change Policies (Vassiliki Manoussi and Anastasios Xepapadeas)On the Strategic Use of Import Tariffs to Control Trans-Boundary Externalities (Charles F Mason, Victoria I Umanskaya and Edward B Barbier)Non-Point Source Pollution in an International Context (Kathleen Segerson)Game Theoretic Modeling of Environmental NGOs in an International Context (Anthony Heyes and Bogdan Urban)On the Interplay between Resource Extraction and Polluting Emissions in Oligopoly (Luca Lambertini)Deforestation and REDD+: Taking Stock of the Latest Institutional Possibilities (Charles Figuières and Estelle Midler)Climate Policies, Technical Change and R&D (André Grimaud and Luc Rouge)Strategic Behavior and the Porter Hypothesis (Francisco J André)Transboundary Pollution, Clean Technologies and International Environmental Agreements (Hassan Benchekroun and Amrita Ray Chaudhuri)International Trade and the Environmental Goods and Services Industry (Solveig Delabroye, Alain-Désiré Nimubona and Bernard Sinclair-Desgagné)Differential Games: Solution Concepts and Applications to Global Resources and Environmental Problems (Ngo Van Long)Volume 2: The Social Ecology of the Anthropocene: Continuity and Change in Global Environmental Politics: Challenges of the Anthropocene: The Science of the Anthropocene (Kristen A Goodrich and Evgenia Nizkorodov)The Discursive Construction of the New Arctic (Elizabeth Mendenhall)Governance through Goal-Setting: A New Governance Challenge for Navigating Sustainability in the 21st Century (Norichika Kanie)Continuity and Innovation in Gl