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 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.
As Thomas Sterner points out, the economic 'toolkit' for dealing with environmental problems has become formidable. It includes taxes, charges, permits, deposit-refund systems, labeling, and other information disclosure mechanisms. Though not all these devices are widely used, empirical application has started within some sectors, and we are beginning to see the first systematic efforts at an advanced policy design that takes due account of market-based incentives. Sterner‘s book encourages more widespread and careful use of economic policy instruments. Intended primarily for application in developing and transitional countries, the book compares the accumulated experiences of the use of economic policy instruments in the U.S. and Europe, as well as in select rich and poor countries in Asia, Africa, and Latin America. Ambitious in scope, the book discusses the design of instruments that can be employed in a wide range of contexts, including transportation, industrial pollution, water pricing, waste, fisheries, forests, and agriculture. Policy Instruments for Environmental and Natural Resource Management is deeply rooted in economics but also informed by perspectives drawn from political, legal, ecological, and psychological research. Sterner notes that, in addition to meeting requirements for efficiency, the selection and design of policy instruments must satisfy criteria involving equity and political acceptability. He is careful to distinguish between the well-designed plans of policymakers and the resulting behavior of society. A copublication of Resources for the Future, the World Bank, and the Swedish International Development Cooperation Agency (Sida).
Water is intricately linked with food security, energy security, and sustainable development. As the world is moving towards sustainable development goals, it is critical to recognize the role of water in attaining these goals. The Water-Energy-Food Nexus draws attention to the complex and interrelated nature of global resource systems and forces us to think about how a decision in one sector impacts other interlinked sectors as well. This book looks at the three dimensions of sustainable developmentenvironment, economics and society – and how water is linked with them and explores the nexus approach as a framework to look at the issues and identify solutions.
Globalization and recent developments in the world suggest strong relationships between local and global decisions, actions and impacts. Global-local relationships are also associated with positive and negative externalities, which necessitate policy interventions.Lecture Notes in Global-Local Policy Interactions discusses the process of building and managing a global public policy and the interaction of public policies at the global and local (national/regional) levels. This book demonstrates the global negative externalities from under-regulation of various activities by one agent/country that affect the well-being of other agents/countries, and the design of policies (agreements) to reduce the impacts of such externalities. Possible opposed interests to global policies of local stakeholders and the (local) policies they established to tackle such externalities in their jurisdictions are included as well.The book introduces concepts and principles associated with conflict, negotiation and cooperation, all of which are part of policy reform and design. It explores to various extents the global-local interactions that are related to selected global policies. Special emphasis is placed on global policies such as climate change, water, anti-terrorism, tobacco control, regulation of substances that deplete the ozone layer, desertification, and elimination of anti-personnel mines.
As the threats posed by changing weather patterns are becoming more apparent, climate change law has emerged as an important area of law in its own right. This Handbook provides a comprehensive understanding of this growing subject, setting out the key institutions and processes, and featuring interdisciplinary insights from leading experts.
This book presents a systematic overview on partition function form games: a game form in cooperative game theory to integrate externalities for various applications. Cooperative game theory has been immensely useful to study a wide range of issues, but the standard approaches ignore the side effects of cooperation. Recently interest shifted to problems where externalities play the main roles such as models of cooperation in market competition or the shared use of public resources. Such problems require richer models that can explicitly evaluate the side-effects of cooperation. In partition function form games the value of cooperation depends on the outsiders' actions. A recent surge of interest driven by applications has made results very fragmented. This book offers an accessible, yet comprehensive and systematic study of properties, solutions and applications of partition function games surveying both theoretical results and their applications. It assembles a survey of existing research and smaller original results as well as original interpretations and comparisons. The book is self-contained and accessible for readers with little or no knowledge of cooperative game theory.
Bringing together a wealth of knowledge, Environmental Management Handbook, Second Edition, gives a comprehensive overview of environmental problems, their sources, their assessment, and their solutions. Through in-depth entries and a topical table of contents, readers will quickly find answers to questions about environmental problems and their corresponding management issues. This six-volume set is a reimagining of the award-winning Encyclopedia of Environmental Management, published in 2013, and features insights from more than 400 contributors, all experts in their field. The experience, evidence, methods, and models used in studying environmental management are presented here in six stand-alone volumes, arranged along the major environmental systems. Features The first handbook that demonstrates the key processes and provisions for enhancing environmental management Addresses new and cutting-edge topics on ecosystem services, resilience, sustainability, food–energy–water nexus, socio-ecological systems, and more Provides an excellent basic knowledge on environmental systems, explains how these systems function, and offers strategies on how to best manage them Includes the most important problems and solutions facing environmental management today In this fourth volume, Managing Water Resources and Hydrological Systems, the reader is introduced to the general concepts and processes of the hydrosphere with its water resources and hydrological systems. This volume serves as an excellent resource for finding basic knowledge on the hydrosphere systems and includes important problems and solutions that environmental managers face today. This book practically demonstrates the key processes, methods, and models used in studying environmental management.