Oligopoly, the Environment and Natural Resources (Routledge Explorations in Environmental Economics)

Product Details:

• Author: Luca Lambertini
• Edition: 1
• Binding: Paperback
• Format: Illustrated
• ISBN: 9781138904651
• Pages: 342
• Language: English
• Release Date: 04-03-2015

About the Book:

In "Sustainability and Firm Behaviour: A Game-Theoretic Approach", Luca Lambertini offers an exhaustive overview of current economic debates surrounding the sustainable use of resources, corporate responsibility, and environmental preservation. The book explores how industrial production and consumption patterns depend on both renewable and non-renewable resources, shedding light on the environmental consequences of these practices.

The first part of the book delves into static models of economic behaviour, addressing topics such as incentives for green research and development, Pigovian taxation, environmental quality, international trade, and the role of corporate social responsibility. Lambertini also considers public firms and consumer environmental awareness as endogenous regulatory instruments in this context.

The second part examines dynamic models, drawing from optimal control and differential game theory, and highlights the importance of time and fair discount rates in ensuring long-term sustainability. The book is an essential resource for anyone interested in the intersection of economics, sustainability, and firm behaviour.

About the Author:

Luca Lambertini is a Professor of Economics and Head of the Department of Economics at the University of Bologna, Italy. His work focuses on game theory, economics of the environment, and sustainable development.