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Modelling Economic Impacts of Alternative International Climate Policy Architectures : A Quantitative and Comparative Assessment of Architectures for Agreement
Bosetti, Valentina - 2013
This paper provides a quantitative comparison of the main architectures for an agreement on climate policy. Possible successors to the Kyoto protocol are assessed according to four criteria: economic efficiency; environmental effectiveness; distributional implications; and their political...
Persistent link: https://www.econbiz.de/10012753436
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Stable Climate Coalitions (Nash) and International Trade
Eichner, Thomas; Pethig, Rudiger - 2021
non-coalition countries with regard to emissions and welfare and compare business as usual with the coalition … liberalization by moving from autarky to free trade. Although the coalition steps up its mitigation effort, world emissions rise … environment as well as for the coalition countries’ welfare and the aggregate welfare of all countries; it reduces the range of …
Persistent link: https://www.econbiz.de/10013315868
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Equity as a Prerequisite for Stable Cooperation in a Public-Good Economy - The Core Revisited
Buchholz, Wolfgang; Peters, Wolfgang - 2021
distribution of cost shares that motivates some coalition of agents to separate and to block an initially given Pareto optimal … allocation which can be interpreted as the outcome of a negotiation process when all agents form a grand coalition …
Persistent link: https://www.econbiz.de/10013316192
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Potentially Harmful International Cooperation on Global Public Good Provision
Buchholz, Wolfgang; Cornes, Richard C.; Rübbelke, Dirk … - 2021
Recent international climate negotiations suggest that complete agreements are unlikely to materialize. Instead, partial cooperation between like-minded countries appears a more likely outcome. In this paper we analyze the effects of such partial cooperation between like-minded countries. In...
Persistent link: https://www.econbiz.de/10013315882
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The Fatter the Tail, the Fatter the Climate Agreement - Simulating the Influence of Fat Tails in Climate Change Damages on the Success of International Climate Negotiations
Dekker, Thijs; Dellink, Rob; Ketterer, Janina - 2021
International climate negotiations take place in a setting where uncertainties regarding the impacts of climate change are very large. In this paper, we examine the influence of increasing the probability and impact of large climate change damages, also known as the ‘fat tail’, on the...
Persistent link: https://www.econbiz.de/10013315816
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On the Private Provision of Contentious Public Characteristics
Cornes, Richard C.; Rübbelke, Dirk T. G. - 2021
We extend the standard public good provision model to allow players to either like or dislike the public characteristic. Those who dislike it are able to take actions to reduce its level. We present conditions under which the existence of a unique non-cooperative equilibrium is retained, and...
Persistent link: https://www.econbiz.de/10013315892
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Delayed Action and Uncertain Targets - How Much Will Climate Policy Cost?
Bosetti, Valentina; Carraro, Carlo; Sgobbi, Alessandra; … - 2021
Despite the growing concern about actual on-going climate change, there is little consensus about the scale and timing of actions needed to stabilise the concentrations of greenhouse gases. Many countries are unwilling to implement effective mitigation strategies, at least in the short-term, and...
Persistent link: https://www.econbiz.de/10013316476
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The Optimal Climate Policy Portfolio When Knowledge Spills Across Sectors
Massetti, Emanuele - 2013
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/10013094943
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Self-Enforcing International Environmental Agreements and Trade : Taxes Versus Caps
Eichner, Thomas - 2014
This paper studies within a multi-country model with international trade the stability of international environmental agreements (IEAs) when countries regulate carbon emissions either by taxes or caps. Regardless of whether coalitions play Nash or are Stackelberg leaders the principal message is...
Persistent link: https://www.econbiz.de/10013046588
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On the Sensitivity of Collective Action to Uncertainty About Climate Tipping Points
Barrett, Scott; Dannenberg, Astrid - 2021
threshold is uncertain. Theory suggests that behavior should differ dramatically either side of a dividing line for threshold …
Persistent link: https://www.econbiz.de/10013315630