Economic Theory for the Environment Essays in Honour of Karl-Goran Maler

About this book

This text investigates many of the contemporary advances in economics, in terms of the management of natural resources and environments. The authors also concentrate on other important issues such as control theory for non-convex economic problems, duopoly theory, game theory, local public finance, patent races and population control. In addition, they investigate the difficulties involved in constructing environmental agreements, and detail the potential benefits of marrying together the disciplines of ecology and economics. As a whole, the book illustrates both the power and limitations of economics to shed light on many of today's pressing environmental issues.

Contents

An example of dynamic control of negative stock externalities, Kenneth J. Arrow; on optimal R&D for a patent race with uncertain duration, Thomas Aronsson, Per-Olov Johansson, Karl-Gustaf Lofgren; the strategy of treaty negotiation - "Broad but Shallow" versus "Narrow but Deep", Scott Barrett; A CGE analysis of sulfur depostion and Sweden's "green" net national product, Lars Bergman; biodiversity management under uncertainty - species selection and harvesting rules, William Brock, Anastasios Xepapadeas; the Kyoto Protocol - an economic and game theoretic interpretation, Parkash Chander, Henry Tulkens, Jean-Pascal van Ypersele, Staphane Willems; a model of fertility transition, Partha Dasqupta; notes on irreversibility, sustainability and the limits to growth, Anthony C. Fisher, Jinhua Zhao; the acid rain game - a formal and mathematically rigorous analysis, Henk Folmer, Pierre von Mouche; bridging ecology and economics - reflections on the role of cost-benefit analysis and the design of interdisciplinary research, Ing-Marie Gren, Clifford S. Russell, Tore Soderquist; valuing ecosystem services, Geoffrey Heal; motelling on depreciation, Benat Kristrom; real versus hypothetical willingness to accept - the Bishop and Heberlein Model revisited, Chuan-Zhong Li, Karl-Gustaf Lofgren, W. Michael Hanemann; biological invasions in aquatic systems - the economic problem, Charles Perrings; global externalities sovereign states, Domenico Siniscalco; what if Jevons had actually liked trees?, Robert M. Solow; mobility and capitalization in local public finance - a reassessment, David A. Starrett; the core of the co-operative game associated with oligopoly firms, H. Uzawa; highlighting the acid rain game, Aart de Zeeuw.

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