This paper discusses the double convergence hypothesis (DCH) that the uncritical analysis of the so-called environmental Kuznets curve (EKC) implicitly implies. According to the EKC, empirical evidence would support the hypothesis that economic growth, through a deterministic sequence of phases,...

The Pigouvian prescription to internalize external diseconomies and to achieve the optimum social equilibrium is well known: a unit tax on polluting activities equal to the marginal social damage arising at the after-tax optimal level of activity. If an authority imposes an effluent fee on...

Game theory is rarely used to deal with the overuse and misuse of tourism resources. When it happens, the issue is normally explained within a non-cooperative setting in which, because of the free riding option, a problem emerges as the socially irrational outcome of an individually rational...