Due to meteorological factors, the distribution of the environmental damage due to climate change bears no relationship to that of global emissions. We argue in favor of offsetting this discrepancy, and propose a “global insurance scheme” to be financed according to countries’...

This note establishes that two propositions in the theory of private common agency by Laussel and Le Breton (2001, J. Econ. Theory 100, 93-128) extend to a larger class of games, in which each principal’s gross monetary payoff does not depend exclusively on the quantities she receives. A new...