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.
1. Introduction: Game Theory - A Useful Approach for Policy Evaluation in Natural Resource and Environment? 2. Game Theory and the Development of Resource Management Policy: The Case of International Fisheries 3. Traditional Grazing Rights in Sub-Saharan Africa and the Role of Policy 4. Application of Partition Function Games to the Management of Straddling Fish Stocks 5. To Negotiate or to Game Theorize: Evaluating Water Allocation Mechanisms in the Kat Basin, South Africa 6. Cooperation and Equity in the River Sharing Problem 7. Negotiation over the Allocation of Water Resources: The Strategic Importance of Bargaining Structure 8. Rural-Urban Water Transfers with Applications to the U.S./Mexico Border Region 9. WAS-guided Cooperation in Water Management: Coalitions and Gains 10. Experimental Insights into the Efficiency of Alternative Water Management Institutions 11. A Fair Tariff System for Water Management 12. Game-Theoretic Modeling of Water Allocation Regimes Applied to the Yellow River Basin in China 13. Contributions of Game Theory to the Analysis of Consumer Boycotts 14. How does Environment Awareness Arise?: An Evolutionary Approach 15. Effects of Alternative CDM Baseline Schemes Under an Imperfectly Competitive Market Structure
Routledge Explorations in Environmental Economics was established in 2001 and has since provided a key port of call for leading research in the field. As well as the core discipline of environmental economics, the remit of the series extends to natural resources, ecological economics, environmental studies and environmental science, with issues explored including energy, permit trading, valuation, taxation and climate change. The series is edited by Nick Hanley of the University of St Andrews.