Book: Essays on Pollution Control in Economics and Management Science, by Fouad El Ouardighi, ESSEC Professor
The author presents a novel dynamic modeling framework for environmental economics in which environmental absorption efficiency is considered as a time-dependent variable with its own dynamics.
He also introduces several extensions and applications of the model, including the possibility of including self-regenerating environmental absorption efficiency, non-cooperative transboundary issues with two superimposed free-rider behaviors (i.e., emissions reduction and restoration efforts), and deforestation.
In the environmental management context, the book puts forward an entirely new dynamic modeling framework. Unlike static approaches, the model considers both flow and stock variables, reflecting the accumulation of pollution over time. In turn, it assesses sustainable configurations for supply chain competition, providing mathematical insights and managerial recommendations that integrate accumulated pollution aspects and associated negative externalities.
Overall, the author calls for combining environmental economics and environmental management in order to arrive at more realistic, empirically grounded models.
Essays on Pollution Control in Economics and Management Science
Fouad El Ouardighi, Operations Management Professor at ESSEC
Springer Publishing
284 pages
€137,14
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