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In a game with positive externalities, such as e.g. the standard environmental externality game used in the analysis of international environmental agreements, the solutions having the property of coalitional internal stability, when they exist, are compared in this paper with the solutions with...
Persistent link: https://www.econbiz.de/10011246306
reduce emissions by 30% (compared to 1990 levels) by 2020 if other Annex-B countries follow does not induce participation of …
Persistent link: https://www.econbiz.de/10005042928
International environmental agreements aiming at correcting negative externalities generated by transboundary pollution are difficult to achieve for many reasons. Important obstacles arise from asymmetry in costs and benefits, and instability may occur due to the fact that coalitions of...
Persistent link: https://www.econbiz.de/10005043469
The literature on the use of differential commodity taxes/subsidies and that on quantity controls to supplement income taxation have developed separately from each other. The purpose of this paper is to combine these two strands in the standard framework of optimal non-linear income taxation. We...
Persistent link: https://www.econbiz.de/10005043470
International environmental agreements aiming at correcting negative externalities generated by transboundary pollution are difficult to achieve for many reasons. Important obstacles arise from asymmetry in costs and benefits, and instability may occur due to the fact that coalitions of...
Persistent link: https://www.econbiz.de/10005634145
The literature on the use of Differencial commodity taxes/subsidies and that on quantity controls to supplement income taxation have developed separately from each other. The purpose of this paper is to combine these 2 strands in the standard framework of optimal non-linear income taxation.
Persistent link: https://www.econbiz.de/10005669276
We study a stochastic model of influence where agents have “yes” or “no” inclinations on some issue, and opinions may change due to mutual influence among the agents. Each agent independently aggregates the opinions of the other agents and possibly herself. We study influence processes...
Persistent link: https://www.econbiz.de/10010695714
The paper is not intended for game theorists - unless they are interested in learning how their theories, and the theory of environmental games as developed in a forthcoming book, are being used for studying the current problem of climate change. Similarly for economists. In general, the...
Persistent link: https://www.econbiz.de/10010610463
Properties of stochastic outcome functions are exploited to solve the moral hazard problem in teams under unobservable individual actions and different individual objectives. Two kinds of enforcement mechanisms are considered: Enforcement through utility transfers and enforcement through...
Persistent link: https://www.econbiz.de/10005008495
1n two related papers, Kaneko (1977, 1977a) hILS proved an equivalence theorem relating the set of ratio equilibria of a public goods economy to the core of a strong voting game. This paper extends in two ways Kaneko's analysis to economies with jurisdictions, each producing a specific public...
Persistent link: https://www.econbiz.de/10005008579