Conflicts over the delimitation of territorial waters are abundant around the globe. Greece and Turkey, two NATO allies, are no exceptions. The delimitation of territorial waters and continental shelf, the status of islands, islets, and flight control zones and corridors in the Aegean Sea...

Recent advances in evolutionary theory have important implications for environmental economics. A short overview is offered of evolutionarythinking in economics. Subsequently, major concepts and approaches inevolutionary biology and evolutionary economics are presented andcompared. Attention is...

Economic theories of managing renewable resources, such as fisheries and forestry, traditionally assume that individual harvesters are perfectly rational and thus able to compute the harvesting strategy that maximizes their discounted profits. The current paper presents an alternative approach...