The author introduces the model of an environmentally differentiated duopoly, in order to explicitly analyse the strategic interaction within such a market. He studies in detail the effects of environmental product standards, eco-labels,...
This book presents Martin Shubik’s important contribution to the development of game theory, and shows how game theory methods can be used in the study of prices, money and financial institutions.
Game theory has emerged as a powerful new tool in environmental economics, especially in the study of transboundary pollution problems such as global warming and acid rain. This is the first book specifically concerned with this expandin...
Economic Games and Strategic Behaviour is a seminal volume which introduces a model providing solutions to economic games subject to repeated play. It develops a link between strategic bargaining and the theory of self-enforcing contrac...
The structures of the world’s national and international, political and economic institutions have largely resulted from intuitive and ad-hoc organization with reforms taking place on a costly trial-and-error basis. This book offers a c...