The purpose of this paper is to introduce the concept of interconnected games and to show its relevance for modeling international environmental problems. It is argued that an interconnected game approach to international environmental problems may enhance cooperation and provide an alternative...

Space matters not only because of the transportation costs it imposes on the economy but also because it can serve as an effective instrument to control pollution damages. Previous models of pollution either disregard space altogether or presume a predetermined separation between polluters and...

In this paper we first critically review conventional environmental economics. We conclude that the standard theory offers too narrow a perspective for many real world problems and that many theories are not empirically tested. Consequently, environmental economics is at risk of producing...

This article summarizes Walter Isard’s important contributions to environmental economics and ecological economics. The former is the traditional field that incorporates some limited aspects of the environment into neoclassical economic theory, while the latter is a more comprehensive...