Our objective in this special issue is twofold. First, we emphasize the importance of comprehending that the global impacts of climate change notwithstanding, there are salient region-specific impacts that vary across space. Second, given this observation, we show how rigorous modeling of the...

Our objective in this special issue is twofold. First, we emphasize the importance of comprehending that the global impacts of climate change notwithstanding, there are salient region-specific impacts that vary across space. Second, given this observation, we show how rigorous modeling of the...

In contemporary times, economists and ecologists have pointed out that ecological and economic systems are jointly determined. Once this is understood, it seems rather clear that ecological-economic systems ought to be analyzed as a single system. However, because this understanding has been...

In contemporary times, ecologists and economists have drawn attention to the fact that ecological and economic systems are jointly determined. Once this is recognized, it seems rather clear that ecological-economic systems ought to be analyzed as one system. Nevertheless, because this...

Beginning with the ground breaking work of K. Arrow and L. Hurwicz, there now exists a sizeable literature in economics on the stability of economic systems. However, to the best of our knowledge, this literature in economics does not contain any analyses of the stability of stochastic...

Beginning with the ground breaking work of K. Arrow and L. Hurwicz, there now exists a sizeable literature in economics on the stability of economic systems. However, to the best of our knowledge, this literature in economics does not contain any analyses of the stability of stochastic...

What are the nexuses between corruption, bribery, and wait times in the public allocation of goods in developing countries? This question has received scant attention in the literature. Consequently, we use queuing theory to analyze models in which a good is allocated publically, first in a...

Goods are often allocated publicly by means of queuing processes in developing countries. In such situations, which group of citizens should a corrupt government official favor? In addition, what should be the basis for this favoritism? To the best of our knowledge, these salient questions have...

Goods are often allocated publically by means of queuing processes in developing countries. In such situations, which group of citizens should a corrupt government official favor? In addition, what should be the basis for this favoritism? To the best of our knowledge, these salient questions...