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Essays in Game Theory and Natural Resource Management: Coalitional Games, Solutions and Applications (Paperback)

Kim Hang Pham Do

ISBN 10: 3639111923 / ISBN 13: 9783639111927
Editorial: VDM Verlag, Germany, 2009
Nuevos Condición: New Encuadernación de tapa blanda
Librería: The Book Depository EURO (London, Reino Unido)

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Language: English. Brand new Book. Game theory has recently become an indispensable toolin environmental and resource economics because manyof the typical features of environmental problems canbe most adequately handled by means of game theoreticnotions and models. Game theory provides powerful newtools to analyze externalities that occur in thecontext of the management of natural resource assets.This book is a collection of essays in game theoryand its applications in analyzing environmentalresource problems and their management. In this book,a resource problem refers to situations characterizedby inefficient use of a resource, while resourcemanagement is defined as the design of resourceallocation mechanisms, which leads to the efficientuse of the resource. The major focus of the essays ingame theory (Chapters 3, 4 and 5) is related tocoalitional games, whereas the main issue ofapplications (Chapters 6 and 7) is related tointernational fisheries management in the context ofthe 1995 United Nations Agreement on theImplementation of the UN Convention on the Law of theSea. The five essays are connected by the notion of"fair" solution applied to achieve efficient use ofthe resource. N° de ref. de la librería KNV9783639111927

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Título: Essays in Game Theory and Natural Resource ...

Editorial: VDM Verlag, Germany

Año de publicación: 2009

Encuadernación: Paperback

Condición del libro: New

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Game theory has recently become an indispensable tool in environmental and resource economics because many of the typical features of environmental problems can be most adequately handled by means of game theoretic notions and models. Game theory provides powerful new tools to analyze externalities that occur in the context of the management of natural resource assets. This book is a collection of essays in game theory and its applications in analyzing environmental resource problems and their management. In this book, a resource problem refers to situations characterized by inefficient use of a resource, while resource management is defined as the design of resource allocation mechanisms, which leads to the efficient use of the resource. The major focus of the essays in game theory (Chapters 3, 4 and 5) is related to coalitional games, whereas the main issue of applications (Chapters 6 and 7) is related to international fisheries management in the context of the 1995 United Nations Agreement on the Implementation of the UN Convention on the Law of the Sea. The five essays are connected by the notion of "fair" solution applied to achieve efficient use of the resource.

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