Ecological Economics and Dynamic Games: A Systematic Literature Review

Abstract

Ecological and environmental economics are inherently dynamic systems requiring dynamic optimization tools. Understanding the interplay between environmental economics, ecological economics, and dynamic games is crucial. This paper presents a systematic literature review on ecological and environmental economics modeled with dynamic games. To be more specific, this systematic literature review analyzes a dataset of 88 peer-reviewed articles from international journals. This study identifies clusters related to resource management, taxation, and policy. It also reveals niche and motor research themes, such as policy, biological invasions, pollution, taxation, abatement, and efficiency, paving the way for future research avenues. By comprehensively examining the literature, this review provides insights into current and future challenges faced by companies, consumers, regulators, and society. It contributes to a deeper understanding of the complex relationship between ecological and environmental dynamics and the field of dynamic games in economics.