In this paper we model the conflict between the group of polluting firms in a country and any social planner in the same country who attempts to control the volume of emissions generated during the production process. Both players of the game have their own control policies, i.e., the rate of...

In the beginning of the second book of his Politeia (Republic) Plato in passage 2.358e-359a-c raises the issue of the administration of justice as a means of motivating people to behave fairly regarding their relationships and when cooperating with each other because, at the end, this is...

The purpose of this paper is to approach the way investors perceive the risk associated with unexpected environmental disasters. For that reason, we examine certain types of natural and technological disasters, also known as “na-tech”. Based on the existing relevant literature and historical...

This paper reviews the case of nuclear energy. Currently, the worldworld is facing one of the greatest energy crises due to the Russo-Ukrainian war. This conflict has lead to limited sources of gas, causing a dramatic decrease in energy supply, leading to emerging energy crisis risks. This is...

Prevailing measures on the topics of monetary and non-monetary poverty-as well as economic and carbon inequality-are being critically assessed under sustainable development goals (SDGs) with a worldwide perspective. On the one hand, the poverty headcount ratio and the indices poverty gap,...

In this research, the intertemporal optimal management of subsidies offered by the environmental regulator and the dynamic conflict between two groups of economic agents involved in environmental quality are discussed. First the environmental model is examined in its optimal control management...

Tourism extensively exploits natural resources and uses ecosystem services to expand its potential and increase market share. The present study investigates potential tourism's effects and causalities on the environmental quality levels in the context of the tourism-induced Environmental Kuznets...

The interrelationship between economic growth, efficient use of natural resources, and sustainability has been of great interest to economists, researchers and policy makers. Knowledge of actual causality direction between sustainability, efficiency and growth has important implications for...

The paper examines Latin American countries' productivity growth levels and their convergence patterns utilizing nonparametric frontier approaches. Utilizing a sample of 17 Latin American countries for the period 1970-2014 it estimates various productivity indexes alongside with their main...

Purpose The purpose of this paper is to use tenets of the complexity theory in order to study the effect of various determinants of firm's performance, such as CEO's compensation and age, for the case of 72 insurance companies. Design/methodology/approach The authors identify the asymmetries in...