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.
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