Ecological transition:a game theoretic and statistical challenge

Authors

  • Leonardo Becchetti University of Rome Tor Vergata

Abstract

The challenges of global warming and environmental sustainability require a urgent move to the era of ecological transition. We survey contributions from the game theoretic approach modelling ecological transition as a collective action problem in a multiplayer social dilemma, highlighting the main coordination failure challenges and outlining potential solutions such as balanced budget policy measures and cooperative initiatives under the form of energy communities. We also explain how the green revolution implies the move from the standard productivity to the novel circularity target and, as such, it requires a bridge between economic, statistic and natural science disciplines. The implications in terms of new competences and statistical indicators are discussed in reference to impact evaluation and hybrid circularity measures.

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Published

2023-12-17