Our interest is in the relationship between the environment and economic growth. Because various interest groups see this issue differently, the typical optimization approach based on representative agent is not suitable. This is mainly because assessing the relative weight between consumption...

The distinctive contribution of this book is the formulation of an integrated social, environmental, and economic framework for public policy. This contribution is realised through investigations and conclusions in the following four domains: a formal stylised model that provides a platform for...

Relaxation algorithms provide a powerful method of finding noncooperative equilibria in general synchronous games. Through use of the Nikaido-Isoda function, the Nash solution to a broad category of constrained, multiplayer, non-zerosum games can easily be found. We provide solutions to some...

We aim to establish a simple mathematical tool that could be used to set an “appropriate” level for the environmental levy which would allow a dam operator to remain profitable, yet also to ensure that the operator's policy is environmentally acceptable. We shall use Bellman's principle of...