ISBN-13: 9780415774222 / Angielski / Twarda / 2008 / 366 str.
ISBN-13: 9780415774222 / Angielski / Twarda / 2008 / 366 str.
This book includes chapters by experts from developing and developed countries that apply game theory to issues in natural resources and the environment. The focus in the book is clearly on applications that have policy relevance and that could lead to establishment of policy dialogue. The book objective is to demonstrate the usefulness of game theory in policy making at various levels, and for various aspects related to natural resources and the environment.
In that respect, the proposed book differs from existing books that focus on game theory applications. It is more policy oriented and aims to focus on a wide range of readers, who are not necessarily pure game theorists, but appreciate the potential game theory may bring to useful policy debates.
Contributors include George B. Frisvold, Gordon Rausser and Franklin M. Fisher.
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.