Economic Theory for the Environment: Essays in Honour of Karl-Goran Maler (New Horizons in Environmental Economics)

This book investigates many of the recent advances in economics in terms of the management of natural resources and environments. The authors also concentrate on other important issues such as control theory for non-convex economic problems, duopoly theory, game theory, local public finance, patent races and population control. In addition, they investigate the difficulties involved in constructing environmental agreements and detail the potential benefits of marrying together the disciplines of ecology and economics. As a whole, the book effectively illustrates both the power and limitations of economics to shed light on many of today s pressing environmental issues.

The diverse range of topics and exceptional quality of the authors - including contributions by Nobel Laureates Kenneth J. Arrow and Robert M. Solow - will make this book essential reading for academics and advanced level students of environmental and resource economics, as well as natural scientists with an interest in resource allocation issues.