ABSTRACT

This chapter sets the tone for the book by posing the intriguing question of whether or not game theory has developed sufficiently, and the conflicts and problems associated with sharing of natural resources and environmental amenities have worsened enough, that game theory may assist in evaluating various policies aimed to improve their management. The chapter uses several examples from the cases discussed in the book as well as some examples not included in the book to convince the reader that there are a number of opportunities to apply game theory to policy issues in natural resources and the environment. The chapter also highlights the problems that still exist and the aspects that have to be addressed in the interpretation of the results and in the application of the various game theory approaches.