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Global Development and Climate Change: A Game Theory Approach

In: Climate Change and Global Development

Author

Listed:
  • António Bento Caleiro

    (University of Évora)

  • Miguel Rocha Sousa

    (University of Évora
    University of Évora
    University of Évora)

  • Ingo Andrade Oliveira

    (University of Évora)

Abstract

The increasing concern with climate change is one of the main issues of our time, and thus we aim to theoretically and mathematically analyse its causes. However our approach follows a different stream of thought, presenting the reasoning and decision-making processes between technical and moral solutions. We have resorted to game theory models in order to demonstrate cooperative and non-cooperative scenarios, ranging from the traditional to the evolutionary within game theory. In doing so we are able to glimpse the development of modern society and a paradigm shift regarding human control over nature and to what extent it is harmful to the sustainability of our environment and the survival of future generations. Merging different fields of knowledge, we present a theoretical-philosophical approach, combined with empirical-mathematical solutions taking into account the agent-based behaviour guided blindly by instrumental rationality.

Suggested Citation

  • António Bento Caleiro & Miguel Rocha Sousa & Ingo Andrade Oliveira, 2019. "Global Development and Climate Change: A Game Theory Approach," Contributions to Economics, in: Tiago Sequeira & Liliana Reis (ed.), Climate Change and Global Development, pages 17-35, Springer.
    • Handle: RePEc:spr:conchp:978-3-030-02662-2_2
    DOI: 10.1007/978-3-030-02662-2_2
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    Cited by:

    1. Willi Semmler & Fabio Della Rossa & Giuseppe Orlando & Gabriel R. Padro Rosario & Levent Kockesen, 2023. "Endogenous Economic Resilience, Loss of Resilience, Persistent Cycles, Multiple Attractors, and Disruptive Contractions," Working Papers 2309, New School for Social Research, Department of Economics.

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