The notion of resilience originated in the ecology literature in the modern or post-World War II era. Even so, this term has now found widespread use in the social sciences in general and in regional science in particular. Although this expansion in the use of resilience is welcome, it...

We exploit the public good attributes of information and communication technologies (ICTs) and theoretically analyze an aggregate economy of two smart cities in which ICTs are provided in either a decentralized or a centralized manner. We first determine the efficient ICT levels that maximize...

We provide the first strategic analysis of the interaction between a continuum of potentially green consumers and two firms in regional science. Firm 1 (2) sells new (remanufactured) toner cartridges. Each firm selects its price and a consumer purchases from the firm that offers her the highest...

When it comes to inspections in invasive species management, the literature has shown that there is frequently a tension between economic cost reduction and inspection stringency. As such, we analyze the properties of two probabilistic inspection regimes that are designed to screen arriving...

We begin by pointing out that the rise in popular concern about the judicious management of natural and environmental resources has been matched by increasing scholarship by economists on several issues concerning the efficient use and management of these same resources. Second, we note that...

Unless there is managerial intervention, the ability of an ecological-economic system to provide humans with key services will decline probabilistically. We model such an ecological-economic system with a Brownian motion process with negative drift. The manager’s goal is to prevent this...

Recently, Batabyal and Beladi (2009) have constructed a metric of the expected total monetary damage from the unintentional introduction of invasive species into a country called Home. In this note, we extend this line of inquiry by analyzing the statistical properties of this total monetary...

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 duopolistic interaction between two monopolists located in two different countries who sell an imperfect substitute good in two markets. The traded good is transported between the two nations on ships using solid wood packing materials (SWPMs) and hence the presence of one or more...