The spatial dimension in environmental and resource economics / William Brock, Anastasios Xepapadeas

Format:

Book

Author/Creator:

Brock, William A., author.

Xepapadeas, Anastasios, author.

Series:

Cambridge elements. Elements in environmental, natural resource and sustainable development economics

Cambridge elements. Elements in environmental, natural resource and sustainable development economics, 2977-747X

Language:

English

Subjects (All):

Environmental economics.

Natural resources.

Space in economics.

natural resources.

Physical Description:

1 online resource

Place of Publication:

Cambridge : Cambridge University Press, 2026

Summary:

"lthough the spatial dimension is embedded in most issues studied by environmental and resource economics, its incorporation into economic models is not widespread. As a result, significant aspects of important problems remain hidden, which could lead to policy failures. This Element fills this gap by exploring how space can be integrated into environmental and resource economics. The emergence of spatial patterns in economic models through Turing's mechanism is explained and an extension of Pontryagin's maximum principle under spatial dynamics is provided. Examples of the use of spatial dynamics serve to illustrate why space matters in environmental policy design. Moreover, the differentiation of policy when spatial transport mechanisms are considered is made clear. The tools presented, along with their applications, provide foundations for future research in spatial environmental and resource economics in which the underlying spatial dimension – which is very real – is fully taken into account"-- Cambridge Core

Contents:

Modeling spatial transport Dynamic optimization in space-time : a spatial maximum principle under diffusion and long-range transport Spatial pattern formation Environmental and resource management policy under spatial dynamics Spatially differentiated regulation for transboundary and global externalities Uncertainty and space

Notes:

Includes bibliographical references

Online resource; title from PDF title page (Cambridge Core, viewed May 8, 2026)

Other Format:

Print version: Brock, William A. Spatial dimension in environmental and resource economics

ISBN:

9781009694377

1009694375

9781009694407

1009694405

OCLC:

1566227886

Publisher Number:

CIPO000320499

Access Restriction:

Restricted for use by site license