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with respect to both emissions and membership. In that encompassing IEA game the size of the coalition is increasing in the … values, the grand coalition may or may not be attained if one of the moral parameter increases and tends towards one. …
Persistent link: https://www.econbiz.de/10013453815
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
We augment the standard cartel formation game from non-cooperative coalition theory, often applied in the context of … international environmental agreements on climate change, with the possibility that singletons support coalition formation without … becoming coalition members themselves. Rather, their support takes the form of a monetary transfer to the coalition, which …
Persistent link: https://www.econbiz.de/10011444079
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
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
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/10010404554
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/10012388125
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
Solar geoengineering has received increasing attention as an option to temporarily stabilize global temperatures. A key concern surrounding these technologies is that heterogeneous preferences over the optimal amount of cooling combined with low deployment costs may allow the country with the...
Persistent link: https://www.econbiz.de/10011884418
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