Economics, Game Theory and International Environmental Agreements

The science and management of environmental problems is a vast area, comprising both the natural and social sciences, and the multidisciplinary links often make these issues challenging to comprehend. Economics, Game Theory and International Environmental Agreements: The Ca' Foscari Lectures aims to introduce students to the multidimensional character of international environmental problems in general, and climate change in particular.

Ecology, economics, game theory and diplomacy are called upon and brought together in the common framework of a basic mathematical model. Within that framework, and using tools from these four disciplines, the book develops a theory that aims to explain and promote cooperation in international environmental affairs.

Other books on the topic tend to be research-oriented volumes of various papers. Instead, this is a book that offers a reasonably-sized synthesis of the multidimensional societal problems of transfrontier pollution, particularly of climate change. It uses mathematical modeling of economic and game theory concepts to examine these environmental issues and demonstrate many results in an accessible fashion. Readers interested in understanding the links between ecology and economics, as well as the connection between economics and institutional decision-making, will find in this text not only answers to many of their queries but also questions for further thinking.
Contents:Foreword (by Carlo Carraro)Two Introductory NotionsThe Reference Economic-Ecological ModelEconomic Theory ConceptsGame Theory ConceptsThe Global Externality Game (GEG)The Dynamic GEGThe Dynamic GEG in NumbersCoalitional Stability in the GEGPolicy and Diplomacy: A GEG Interpretation of the UNFCCC ProcessGeneral Conclusion
Readership: Students and researchers who are interested in learning more about transboundary environmental issues, such as transfrontier pollution and climate change, from an environmental economics and game theory perspective. Environmental Economics;Environmental Externalities;Climate Change;Game Theory;γ-core;Dynamic Games;International Agreements;UNFCCC Process;Kyoto Protocol0Key Features:Offers a reasonably sized synthesis of the multidimensional societal problems of transboundary pollution, particularly of climate changeThe author is a leading researcher in the field of climate change, particularly in the area of cooperative arguments based on game theoryThe in-depth analysis and advanced ideas contained in the book are presented in an accessible fashion by the author, who has 25 years of research experience in the field of environmental economics