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Game theory and the environment: old models and new solution concepts

Ray, Indrajit 2005. Game theory and the environment: old models and new solution concepts. In: Sahu, Nirmal Chandra and Choudhury, Amita Kumari eds. Dimensions of Environmental and Ecological Economics, Orient Blackswan, pp. 156-167.

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Abstract

We survey some basic game theoretic models to analyse environmental problems. We also discuss some new game theoretic solution concepts such as (coalition-proof) correlated equilibrium and the theory of social situations, which have never been used in environmental economics and suggest that these concepts should be used to analyse environmental problems.

Item Type: Book Section
Date Type: Publication
Status: Published
Schools: Business (Including Economics)
Subjects: H Social Sciences > HB Economic Theory
Publisher: Orient Blackswan
ISBN: 9788173714634
Last Modified: 04 Jun 2017 08:50
URI: http://orca.cardiff.ac.uk/id/eprint/86062

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