Game Theory Applications to Socio-Environmental Studies, Development Economics, and Sustainability Research

Elkhan Richard Sadik-Zada, Andrea Gatto (), Luigi Aldieri, Giovanna Bimonte, Luigi Senatore and Concetto Paolo Vinci
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Elkhan Richard Sadik-Zada: Institute of Development Research and Development Policy, Ruhr-University Bochum, 44805 Bochum, Germany
Giovanna Bimonte: Department of Economic and Statistical Sciences, University of Salerno, 84084 Fisciano, Italy
Luigi Senatore: Department of Economic and Statistical Sciences, University of Salerno, 84084 Fisciano, Italy

Games, 2024, vol. 15, issue 1, 1-4

Abstract: The present investigation elaborates on the level of game theory application for the applied and theoretical analyses of climate change and development studies. This editorial shows that the common good character of global climate alongside the increasing internalization of environmental externalities through national regulations and international environmental treaties jointly result in the increasing congruence between the context of climate change problems and the game theoretical method. Furthermore, the adoption of the Paris Accord by the overwhelming majority of developing countries as well as the disproportionate vulnerability of the Global South have led to an increasing shift in focus with regard to international development cooperation, from poverty alleviation and economic growth to green growth and circular economy solutions, within developing countries. The underutilization of game theory in the context of development studies is not satisfactory. This paper underlines the importance of implementing an impetus to researchers for scholarly discussions and applications of game theory in a discourse on the following topics: 1. economic growth; 2. climate change mitigation and adaptation; and 3. a broader socioeconomic development.

Keywords: game theory; climate change; development; industrial organization (search for similar items in EconPapers)
JEL-codes: C C7 C70 C71 C72 C73 (search for similar items in EconPapers)
Date: 2024
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