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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 formation...
Persistent link: https://www.econbiz.de/10009690831
international agreement on emission reductions. We consider a situation where a coalition of countries does not cooperate on …. The equilibrium size of such a coalition, as well as equilibrium emissions, depends on the distribution across countries … of countries will reduce (or leave unchanged) the equilibrium coalition size. However, the effect of such an increase in …
Persistent link: https://www.econbiz.de/10010246011
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/10009581727
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
integrated with climate dynamics, a grand climate coalition or multiple climate coalitions may form in equilibrium, but if the …
Persistent link: https://www.econbiz.de/10013205091
This paper considers endogenous coalition formations and endogenous technology choices in a model of private provision … contributions by a strategic incentive to adopt lower technology to motivate coalition building by other nations, which in the end …
Persistent link: https://www.econbiz.de/10012643560
multilateral coalitional structures are not stable; however, the size of the stable coalition increases as the economy expands. …
Persistent link: https://www.econbiz.de/10011926354
policy. To this end, we expand the modest coalition formation game, in which countries first decide on whether to join an … and emissions. We find that strategic delegation crowds out all efforts to increase coalition sizes by less ambitious …
Persistent link: https://www.econbiz.de/10013326522
climate damage asymmetry tends to discourage cooperation in the grand coalition. The effects of fuel-demand asymmetry depend … on fossil fuel abundance. If fuel is very abundant, the grand coalition fails to be stable independent of the degree of … higher degrees of asymmetry stabilize the grand coalition. …
Persistent link: https://www.econbiz.de/10010428830
Several recent studies find that interventions in schools can have important lasting consequences for students, and that schools differ in their contribution to students’ learning. However, there is less research investigating how these differences between schools influence longer-term...
Persistent link: https://www.econbiz.de/10013205093