This book is a collection of Amitrajeet A Batabyal's most important papers on the environment and economic development. It begins with a comprehensive and previously unpublished introductory chapter, followed by 12 chapters on different problems such as land use for agricultural purposes,...

We theoretically study the rescue of destitute migrants seeking to reach Europe on boats across the Mediterranean Sea. To this end, we first construct a discrete-time Markov chain (DTMC) model of a stylized rescue process. Second, we specify the one-step transition probabilities of the DTMC....

We show how the notions of accessibility, vulnerability, and resilience can be used to shed light on the sustainable management of a natural area that is used for ecotourism. To this end, we construct and analyze two queuing-theoretic models that approach the problem of sustainable management in...

We study the provision of information to tourists in a probabilistic setting. Specifically, we provide answers to three hitherto unstudied questions in the tourism literature. We first delineate a continuous-time Markov chain (CTMC) model of a tourist information center (TIC) and then we compute...

We theoretically study the rescue of destitute migrants seeking to reach Europe on boats across the Mediterranean Sea. To this end, we first construct a discrete-time Markov chain (DTMC) model of a stylized rescue process. Second, we specify the one-step transition probabilities of the DTMC....

Resources such as orchards are vulnerable to the detrimental effects of successful invasions by alien animal or plant species. To outline an appropriate policy response, we first use renewal theory to construct a stochastic model of optimal orchard management in the presence of a deleterious...

The economics literature on extinction has not paid much attention to the task of constructing metrics of species extinction. Further, this literature has not analyzed the issue of species extinction in stochastic ecological-economic systems that are jointly determined. As such, the goal of this...