Essays on Pollution Control in Economics and Management Science
Description
The book features contributions that address both environmental economics and environmental management. It 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. It 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, it 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, the book assesses sustainable configurations for supply chain competition, providing mathematical insights and managerial recommendations that integrate accumulated pollution aspects and associated negative externalities. Overall, the book calls for combining environmental economics and environmental management in order to arrive at more realistic, empirically grounded models.
Given its focus, the book offers a valuable resource for researchers and graduate students with an interest in addressing pollution control challenges in the fields of economics and management science.
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Fouad El Ouardighi is a Professor of Operations and Supply Chain Management at ESSEC Business School, France. His research focuses on developing interdisciplinary approaches in areas such as the interface of operations and marketing management, environmental economics and sustainable operations management, R&D competition, and pandemic control, and more generally on promoting the use of dynamic methods in economics and management science.
Content
Controlling pollution and environmental absorption capacity.- Self-regenerating environmental absorption efficiency myopia and the Soylent Green scenario.- Transboundary pollution control and environmental absorption efficiency management.- Production-based pollution versus deforestation rate under time-dependent environmental absorption efficiency.- Pollution accumulation and abatement policy in a supply chain.- Pollution accumulation and abatement policies in two supply chains under vertical and horizontal competition and strategy types.- Inventory policy and voluntary environmental management.- Recycling of multi-source waste in an aggregate circular economy.