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allow for the possibility that membership of the IEA may change endogenously over time. In this paper we analyse a simple … corresponding steady-state IEA membership, and that if the initial stock of pollution is below (above) steady-state then membership … costs to the pollution stock, initial and steady-state membership decline; in the limit, membership is small and constant …
Persistent link: https://www.econbiz.de/10014075701
allow for the possibility that membership of the IEA may change endogenously over time. In this paper we analyse a simple … corresponding steady-state IEA membership, and that if the initial stock of pollution is below (above) steady-state then membership … costs to the pollution stock, initial and steady-state membership decline; in the limit, membership is small and constant …
Persistent link: https://www.econbiz.de/10011591344
Consider a situation in which countries anticipate an international environmental agreement (IEA) to be in effect sometime in the future. What is the impact of the future IEA on current emissions after its announcement? We show that the answer to this question is ambiguous. We examine four types...
Persistent link: https://www.econbiz.de/10011565652
Persistent link: https://www.econbiz.de/10009376576
While an international agreement over the reduction of greenhouse gases (GHGs) emissions proves to be elusive, there is a large and growing support for investment in developing more effective technologies to adapt to climate change. We show that an increase in effectiveness of adaptation will...
Persistent link: https://www.econbiz.de/10014175721
Persistent link: https://www.econbiz.de/10012198430
group membership. We analyze an exogenous decision (random draw) and an endogenous decision (made by a particular group … member) mechanism to extend a temporary agent's group membership. Our results reveal that the prospect of group membership …
Persistent link: https://www.econbiz.de/10012432443
Persistent link: https://www.econbiz.de/10003430457
Persistent link: https://www.econbiz.de/10011418512
Many water allocation agreements in transboundary river basins are inherently unstable. Due to stochastic river flow, agreements may be broken in case of drought. The objective of this paper is to analyze whether water allocation agreements can be self-enforcing, or sustainable. We do so using...
Persistent link: https://www.econbiz.de/10010224772