Showing 1 - 10 of 35
avoid a Stackelberg (leader-follower) outcome where one or more major emitters impose a level of climate risk on the rest of …
Persistent link: https://www.econbiz.de/10010752810
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
: we highlight the existence of an additional benefit of cooperation, namely risk reduction. …
Persistent link: https://www.econbiz.de/10008836119
The paper combines analytic and numeric tools to investigate a nonlinear optimal control problem relevant to the economics of climate change. The problem describes optimal investments into pollution mitigation and environmental adaptation at a macroeconomic level. The steady-state analysis of...
Persistent link: https://www.econbiz.de/10010927707
Using an updated version of the CWS model (introduced by Eyckmans and Tulkens in Resource and Energy Economics 2003), this paper intends to evaluate with numbers the respective merits of two competing notions of coalition stability in the standard global public goods model as customarily applied...
Persistent link: https://www.econbiz.de/10005008179
Allocations of tradable greenhouse gases (GHG) emission quotas among countries may take place according to several sharing rules corresponding to a certain perception of equity. For instance, allocating quotas in direct proportion to population, in inverse relation to GDP or according to past...
Persistent link: https://www.econbiz.de/10005042868
In this paper we analyze the negotiation strategy of the European Union regarding the formation of an international climate agreement for the post-2012 era. We use game theoretical stability concepts to explore incentives for key players in the climate policy game to join future climate...
Persistent link: https://www.econbiz.de/10005042928
In this paper we test empirically with the Nordhaus and Yang (1996) RICE model the core property of the transfer scheme advocated by Germain, Toint and Tulkens (1997). This scheme is designed to sustain full cooperation in a voluntary internationalenvironmental agreement by making all countries...
Persistent link: https://www.econbiz.de/10005043384
We investigate the role that climatic change has played in the pattern of urbanization in sub- Saharan African countries compared to the rest of the developing world. To this end we assemble a cross-country panel data set that allows us to estimate the determinants of urbanization. The results...
Persistent link: https://www.econbiz.de/10005043405
This paper deals with a a cooperative game theoretic analysis of the economics of international agreements on climate change. To cope with the question of the voluntary implementation of the international optimum, a financial transfer scheme is proposed under which no countries nor subgroup...
Persistent link: https://www.econbiz.de/10005043662