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Information Structure And The Tragedy Of The Commons In Resource Extraction
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Book Synopsis Theory and Applications of Dynamic Games by : Elena Parilina
Download or read book Theory and Applications of Dynamic Games written by Elena Parilina and published by Springer Nature. This book was released on 2022-11-23 with total page 263 pages. Available in PDF, EPUB and Kindle. Book excerpt: This textbook provides a comprehensive overview of noncooperative and cooperative dynamic games involving uncertain parameter values, with the stochastic process being described by an event tree. Primarily intended for graduate students of economics, management science and engineering, the book is self-contained, as it defines and illustrates all relevant concepts originally introduced in static games before extending them to a dynamic framework. It subsequently addresses the sustainability of cooperative contracts over time and introduces a range of mechanisms to help avoid such agreements breaking down before reaching maturity. To illustrate the concepts discussed, the book provides various examples of how dynamic games played over event trees can be applied to environmental economics, management science, and engineering.
Book Synopsis Subgame Consistent Cooperation by : David W.K. Yeung
Download or read book Subgame Consistent Cooperation written by David W.K. Yeung and published by Springer. This book was released on 2016-09-23 with total page 522 pages. Available in PDF, EPUB and Kindle. Book excerpt: Strategic behavior in the human and social world has been increasingly recognized in theory and practice. It is well known that non-cooperative behavior could lead to suboptimal or even highly undesirable outcomes. Cooperation suggests the possibility of obtaining socially optimal solutions and the calls for cooperation are prevalent in real-life problems. Dynamic cooperation cannot be sustainable if there is no guarantee that the agreed upon optimality principle at the beginning is maintained throughout the cooperation duration. It is due to the lack of this kind of guarantees that cooperative schemes fail to last till its end or even fail to get started. The property of subgame consistency in cooperative dynamic games and the corresponding solution mechanism resolve this “classic” problem in game theory. This book is a comprehensive treatise on subgame consistent dynamic cooperation covering the up-to-date state of the art analyses in this important topic. It sets out to provide the theory, solution techniques and applications of subgame consistent cooperation in a wide spectrum of paradigms for analysis which includes cooperative dynamic game models with stochastic state dynamics, with uncertain future payoffs, with asynchronous players’ horizons, with random cooperation duration, with control spaces switching and with transferable and nontransferable payoffs. The book would be a significant research reference text for researchers in game theory, economists, applied mathematicians, policy-makers, corporate decision-makers, and graduate students in applied mathematics, game theory, decision sciences, economics and management sciences.
Book Synopsis Governing the Commons by : Elinor Ostrom
Download or read book Governing the Commons written by Elinor Ostrom and published by Cambridge University Press. This book was released on 2015-09-23 with total page 297 pages. Available in PDF, EPUB and Kindle. Book excerpt: Tackles one of the most enduring and contentious issues of positive political economy: common pool resource management.
Book Synopsis Complexity Theory for a Sustainable Future by : Jon Norberg
Download or read book Complexity Theory for a Sustainable Future written by Jon Norberg and published by Columbia University Press. This book was released on 2008-07-11 with total page 340 pages. Available in PDF, EPUB and Kindle. Book excerpt: Complexity theory illuminates the many interactions between natural and social systems, providing a better understanding of the general principles that can help solve some of today's most pressing environmental issues. Complexity theory was developed from key ideas in economics, physics, biology, and the social sciences and contributes to important new concepts for approaching issues of environmental sustainability such as resilience, scaling, and networks. Complexity Theory for a Sustainable Future is a hands-on treatment of this exciting new body of work and its applications, bridging the gap between theoretical and applied perspectives in the management of complex adaptive systems. Focusing primarily on natural resource management and community-based conservation, the book features contributions by leading scholars in the field, many of whom are among the leaders of the Resilience Alliance. Theoreticians will find a valuable synthesis of new ideas on resilience, sustainability, asymmetries, information processing, scaling, and networks. Managers and policymakers will benefit from the application of these ideas to practical approaches and empirical studies linked to social-ecological systems. Chapters present new twists on such existing approaches as scenario planning, scaling analyses, and adaptive management, and the book concludes with recommendations on how to manage natural resources, how to involve stakeholders in the dynamics of a system, and how to explain the difficult topic of scale. A vital reference for an emerging discipline, this volume provides a clearer understanding of the conditions required for systems self-organization, since the capacity of any system to self-organize is crucial for its sustainability over time.
Book Synopsis Differential Games in Industrial Economics by : Luca Lambertini
Download or read book Differential Games in Industrial Economics written by Luca Lambertini and published by Cambridge University Press. This book was released on 2018-04-26 with total page 275 pages. Available in PDF, EPUB and Kindle. Book excerpt: Game theory has revolutionised our understanding of industrial organisation and the traditional theory of the firm. Despite these advances, industrial economists have tended to rely on a restricted set of tools from game theory, focusing on static and repeated games to analyse firm structure and behaviour. Luca Lambertini, a leading expert on the application of differential game theory to economics, argues that many dynamic phenomena in industrial organisation (such as monopoly, oligopoly, advertising, R&D races) can be better understood and analysed through the use of differential games. After illustrating the basic elements of the theory, Lambertini guides the reader through the main models, spanning from optimal control problems describing the behaviour of a monopolist through to oligopoly games in which firms' strategies include prices, quantities and investments. This approach will be of great value to students and researchers in economics and those interested in advanced applications of game theory.
Download or read book Encyclopedia of Applied Ethics written by and published by Academic Press. This book was released on 2012-01-10 with total page 3467 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Encyclopedia of Applied Ethics, Second Edition, Four Volume Set addresses both the physiological and the psychological aspects of human behavior. Carefully crafted, well written, and thoroughly indexed, the encyclopedia helps users - whether they are students just beginning formal study of the broad field or specialists in a branch of psychology - understand the field and how and why humans behave as we do. The work is an all-encompassing reference providing a comprehensive and definitive review of the field. A broad and inclusive table of contents ensures detailed investigation of historical and theoretical material as well as in-depth analysis of current issues. Several disciplines may be involved in applied ethics: one branch of applied ethics, for example, bioethics, is commonly explicated in terms of ethical, legal, social, and philosophical issues. Editor-in-Chief Ruth Chadwick has put together a group of leading contributors ranging from philosophers to practitioners in the particular fields in question, to academics from disciplines such as law and economics. The 376 chapters are divided into 4 volumes, each chapter falling into a subject category including Applied Ethics; Bioethics; Computers and Information Management; Economics/Business; Environmental Ethics; Ethics and Politics; Legal; Medical Ethics; Philosophy/Theories; Social; and Social/Media. Concise entries (ten pages on average) provide foundational knowledge of the field Each article will features suggested readings pointing readers to additional sources for more information, a list of related websites, a 5-10 word glossary and a definition paragraph, and cross-references to related articles in the encyclopedia Newly expanded editorial board and a host of international contributors from the US, Australia, Belgium, Canada, France, Germany, Ireland, Israel, Japan, Sweden, and the United Kingdom The 376 chapters are divided into 4 volumes, each chapter falling into a subject category including Applied Ethics; Bioethics; Computers and Information Management; Economics/Business; Environmental Ethics; Ethics and Politics; Legal; Medical Ethics; Philosophy/Theories; Social; and Social/Media
Book Synopsis Systems and Models by : Hartmut Bossel
Download or read book Systems and Models written by Hartmut Bossel and published by BoD – Books on Demand. This book was released on 2007 with total page 374 pages. Available in PDF, EPUB and Kindle. Book excerpt: A multitude of complex systems and actors pursuing their own agenda shape the dynamics of our world. Better understanding of their actions and interactions is crucial, and can be achieved by a profound knowledge of systems and their properties, and their representation in models allowing simulation of probable behavior. Drawing on his extensive research and teaching experience in modeling and simulation of a wide range of systems - from engineering to social systems and ecosystems - the author presents the fundamental concepts and approaches for understanding and modeling the complex systems shaping the dynamics of our world. The book applies state space analysis and system dynamics to deal with the dynamic processes of "causal systems," discusses information processing approaches for modeling decision processes of "actors" and "agents," and uses aspects of the coevolutionary development of systems in their environment to deal with normative orientation, ethics, and evaluation of policies and long-term development. The concepts are applied in particular to the issue of sustainable development of human society in an evolving world. The book is complemented by a survey of system topics and of models from many fields, and by an extensive bibliography on the many systems-related subjects covered. Hartmut Bossel is Professor Emeritus of environmental systems analysis. He taught for many years at the University of California in Santa Barbara and the University of Kassel, Germany, where he was director of the Center for Environmental Systems Research until his retirement. He holds an engineering degree from the Technical University of Darmstadt, and a Ph.D. degree from the University of California at Berkeley. With a background in engineering, systems science, and mathematical modeling, he has led many research projects and future studies in different countries, developing computer simulation models and decision support systems in the areas of energy supply policy, global dynamics, orientation of behavior, agricultural policy, and forest dynamics and management. He has written numerous books on modeling and simulation of dynamic systems, social change and future paths, and has published widely in the scientific literature in several fields. Bossel is author of a System Zoo containing over one hundred simulation models of diverse systems.
Book Synopsis Thinking in Systems by : Donella Meadows
Download or read book Thinking in Systems written by Donella Meadows and published by Chelsea Green Publishing. This book was released on 2008-12-03 with total page 242 pages. Available in PDF, EPUB and Kindle. Book excerpt: The classic book on systems thinking—with more than half a million copies sold worldwide! "This is a fabulous book... This book opened my mind and reshaped the way I think about investing."—Forbes "Thinking in Systems is required reading for anyone hoping to run a successful company, community, or country. Learning how to think in systems is now part of change-agent literacy. And this is the best book of its kind."—Hunter Lovins In the years following her role as the lead author of the international bestseller, Limits to Growth—the first book to show the consequences of unchecked growth on a finite planet—Donella Meadows remained a pioneer of environmental and social analysis until her untimely death in 2001. Thinking in Systems is a concise and crucial book offering insight for problem solving on scales ranging from the personal to the global. Edited by the Sustainability Institute’s Diana Wright, this essential primer brings systems thinking out of the realm of computers and equations and into the tangible world, showing readers how to develop the systems-thinking skills that thought leaders across the globe consider critical for 21st-century life. Some of the biggest problems facing the world—war, hunger, poverty, and environmental degradation—are essentially system failures. They cannot be solved by fixing one piece in isolation from the others, because even seemingly minor details have enormous power to undermine the best efforts of too-narrow thinking. While readers will learn the conceptual tools and methods of systems thinking, the heart of the book is grander than methodology. Donella Meadows was known as much for nurturing positive outcomes as she was for delving into the science behind global dilemmas. She reminds readers to pay attention to what is important, not just what is quantifiable, to stay humble, and to stay a learner. In a world growing ever more complicated, crowded, and interdependent, Thinking in Systems helps readers avoid confusion and helplessness, the first step toward finding proactive and effective solutions.
Book Synopsis Analyzing Global Environmental Issues by : Ariel Dinar
Download or read book Analyzing Global Environmental Issues written by Ariel Dinar and published by Routledge. This book was released on 2013-03-05 with total page 281 pages. Available in PDF, EPUB and Kindle. Book excerpt: The existence of environmental dilemmas and political conflicts leads us to appreciate the need for individuals and groups to behave strategically in order to achieve their goals and maintain their wellbeing. Global issues such as climate change, resource depletion, and pollution, as well as revolts and protests against corporations, regimes, and other central authorities, are the result of increased levels of externalities among individuals and nations. These all require policy intervention at international and global levels. This book includes chapters by experts proposing game theoretical solutions and applying experimental design to a variety of social issues related to global and international conflicts over natural resources and the environment. The focus of the book is on applications that have policy implications, relevance and, consequently, could lead to the establishment of policy dialogue. The chapters in the book address issues that are global in nature, such as international environmental agreements over climate change, international water management, common pool resources, public goods, international fisheries, international trade, and collective action, protest, and revolt. The book’s main objective is to illustrate the usefulness of game theory and experimental economics in policy making at multiple levels and for various aspects related to global and international issues. The subject area of this book is already widely taught and researched, but it continues to gain popularity, given growing recognition that the environment and natural resources have become more strategic in human behavior.
Book Synopsis Rules, Games, and Common-pool Resources by : Elinor Ostrom
Download or read book Rules, Games, and Common-pool Resources written by Elinor Ostrom and published by University of Michigan Press. This book was released on 1994 with total page 396 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Levels of Action
Book Synopsis The Environmental Optimism of Elinor Ostrom by : Megan E. Jenkins
Download or read book The Environmental Optimism of Elinor Ostrom written by Megan E. Jenkins and published by . This book was released on 2020-04-21 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Experiments in Environmental Economics by : Jason F. Shogren
Download or read book Experiments in Environmental Economics written by Jason F. Shogren and published by Routledge. This book was released on 2018-04-27 with total page 577 pages. Available in PDF, EPUB and Kindle. Book excerpt: This title was first published in 2003.Over the decades, experiential methods have become an established research tool in environmental economics. Economists working in this area have realised that experimental methods from economics and other disciplines such as psychology and decision theory can be applied to gain insight into the behavioral underpinnings of environmental policy. Economic experiments, in the lab and field, are an attractive tool to address the incentive and contextual questions that arise in environmental policy. Experiments have been and continue to be designed to capture the key elements of market and non-market choices to test theory, for pattern recognition, to testbed new institutions, and to value public goods, including environmental protection. This volume collects the most significant papers in the literature that identify the underpinnings of experimental approaches are complemented by works that specifically address the use of experimental economics to identify choice under risk, conflict, cooperation, environmental policy instruments, and environmental valuation
Book Synopsis Range and Animal Sciences and Resources Management - Volume II by : Victor R. Squires
Download or read book Range and Animal Sciences and Resources Management - Volume II written by Victor R. Squires and published by EOLSS Publications. This book was released on 2010-07-07 with total page 424 pages. Available in PDF, EPUB and Kindle. Book excerpt: Range and Animal Sciences and Resources Management is a component of Encyclopedia of Food and Agricultural Sciences, Engineering and Technology Resources in the global Encyclopedia of Life Support Systems (EOLSS), which is an integrated compendium of twenty one Encyclopedias. Rangelands comprise over forty percent of the earth's land surface and, as one of the most prevalent land systems on the planet, rangelands are critical habitats for myriad plant and animal species and form many of the world's major watersheds Rangelands are categorized in two distinct ways: (a) as a type of land or (b) a type of (land) use. This theme with contributions from distinguished experts in the field discusses about Range and Animal Sciences and Resources Management in several related topics. These two volumes are aimed at the following five major target audiences: University and College students Educators, Professional practitioners, Research personnel and Policy analysts, managers, and decision makers and NGOs.
Book Synopsis Philosophical Foundations of Property Law by : James Penner
Download or read book Philosophical Foundations of Property Law written by James Penner and published by . This book was released on 2013-11 with total page 398 pages. Available in PDF, EPUB and Kindle. Book excerpt: This volume seeks to bring the concepts and doctrines of property law into the philosophy of property. It offers contributions from leading theorists of property law. The papers serve as introductions to many facets of philosophical work grounded in the law of property and as cutting edge contributions to the scholarly literature.
Download or read book Praxis written by Friedrich Kratochwil and published by Cambridge University Press. This book was released on 2018-08-16 with total page 555 pages. Available in PDF, EPUB and Kindle. Book excerpt: Presents a shift from the accepted international relations standard of theorizing, by analyzing policy decisions made in non-ideal conditions within a broader framework of practical choices, emphasizing both historicity and contingency, as exemplified by changing practices in the international arena.
Book Synopsis Marine Conservation by : G. Carleton Ray
Download or read book Marine Conservation written by G. Carleton Ray and published by John Wiley & Sons. This book was released on 2013-12-31 with total page 384 pages. Available in PDF, EPUB and Kindle. Book excerpt: Providing a guide for marine conservation practice, Marine Conservation takes a whole-systems approach, covering major advances in marine ecosystem understanding. Its premise is that conservation must be informed by the natural histories of organisms together with the hierarchy of scale-related linkages and ecosystem processes. The authors introduce a broad range of overlapping issues and the conservation mechanisms that have been devised to achieve marine conservation goals. The book provides students and conservation practitioners with a framework for thoughtful, critical thinking in order to incite innovation in the 21st century. "Marine Conservation presents a scholarly but eminently readable case for the necessity of a systems approach to conserving the oceans, combining superb introductions to the science, law and policy frameworks with carefully chosen case studies. This superb volume is a must for anyone interested in marine conservation, from students and practitioners to lay readers and policy-makers." —Simon Levin, George M. Moffett Professor of Biology, Department of Ecology & Evolutionary Biology, Princeton University
Book Synopsis Managing the Commons, Second Edition by : John A. Baden
Download or read book Managing the Commons, Second Edition written by John A. Baden and published by Indiana University Press. This book was released on 1998-04-22 with total page 268 pages. Available in PDF, EPUB and Kindle. Book excerpt: Garrett Hardin's seminal essay "The Tragedy of the Commons" appeared in 1968 and has been at the center of the debate on commonly owned ground or resources such as Western public grazing or the oceans. This is the second edition of a book exploring the issues raised in Hardin's essay. As scarce resources are increasingly strained. It is ever more crucial to identify those resources which are held in common and are therefore prone to "tragic" waste and abuses. The essay in this volume focus on alternate institutional approaches to managing these resources to prevent such tragedy.
