Showing 1 - 10 of 346
2100. Once the free-riding incentives of non-participants are taken into account, only a “grand coalition” including … virtually all regions can be successful. This grand coalition is profitable as a whole, implying that all countries can gain … from participation provided appropriate transfers are made across them. However, neither the grand coalition nor smaller …
Persistent link: https://www.econbiz.de/10004987244
-cooperative coalition formation. In particular, we address the following questions. 1) Do ancillary benefits increase participation in …
Persistent link: https://www.econbiz.de/10005230868
reducing emissions. We find that only the grand coalition under a specific sets of assumptions finds it optimal to stabilise … GHG concentration below 550 ppm CO2-eq. However, the grand coalition is found not to be stable, not even “potentially …2-eq. More ambitious targets lead to the collapse of the coalition. …
Persistent link: https://www.econbiz.de/10009421243
We analyze the formation of self-enforcing international environmental agreements under the assumption that countries announce their participation either simultaneously or sequentially. It is shown that a sequential formation process opens up possibilities for strategic behavior of countries...
Persistent link: https://www.econbiz.de/10005423156
In a context of laissez-faire, the propositions established in this paper shed light on the evolution of the problem of greenhouse gas (GHG) accumulation in the atmosphere for each type of strategic behaviour resulting from countries’ interconnection on global markets. In a framework of strong...
Persistent link: https://www.econbiz.de/10010833908
coalition. Using an Integrated Assessment Model with a game theoretic structure we find that cost-benefit considerations would …
Persistent link: https://www.econbiz.de/10009421230
This paper studies the implications for climate policy of the interactions between environmental and knowledge externalities. Using a numerical analysis performed with the hybrid integrated assessment model WITCH, extended to include mutual spillovers between the energy and the non-energy...
Persistent link: https://www.econbiz.de/10008642164
to leave a coalition of the willing at any point in time. By means of a simple analytical model and of a numerical … integrated assessment model, we assess different coalition structures, and different minimum admission requirements. Our results … depending on the composition of the coalition of the willing. The policy turns out to be also rather efficient, with only minor …
Persistent link: https://www.econbiz.de/10010671480
investigate stability of partial climate coalitions. Technology spillovers to coalition members increase their incentives to stay … in the coalition and reduce abatement costs, which leads to larger global payoffs and a lower global CO2 stock. Several …
Persistent link: https://www.econbiz.de/10005570299
I analyze optimal natural resource use in an intergenerational model with the risk of a catastrophe. Each generation maximizes a weighted sum of discounted utility (positive) and the probability that a catastrophe will occur at any point in the future (negative). The model generates time-...
Persistent link: https://www.econbiz.de/10010671482