Most insights of environmental economics are in line with the standard neo-classical economic model of rational behaviour, formulated in terms of maximisation of utility in general, or profits in particular. The standard theory of environmental policy is a case in point. However, the...

Since Kyoto Protocol, the international community is compromising itself to reduce greenhouse gases emissions. However, the implementation of energy policies, such as the construction of renewable energy installations, in many cases doesn't suit with local perceived necessities and causes...