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another factor that analysts have largely ignored: credibility. In the real world governments find it difficult to craft and …-world modelling exercises. As credibility declines the cost of coordinated international regulation skyrockets—even in developing … treaties are usually weak, governments must rely on their own actions to boost regulatory credibility—for example, governments …
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Just prior to the Copenhagen climate summit, China pledged to cut its carbon intensity by 40-45% by 2020 relative to its 2005 levels to help to reach an international climate change agreement at Copenhagen or beyond. This raises the issue of whether such a pledge is ambitious or just represents...
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success of this regime may depend critically on the credibility of the target and the expectation that the authorities will … anchoring of expectations is interpreted as a gain in credibility. Also considered are the effects on the credibility of the … anchored over the whole sample period, credibility has risen, but at the same time the cost of breaching the target has grown. …
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is seen as a set of conventional signs that point to types, and the credibility of a message depends on the strategic …
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promises, and explores the distributional consequences of this decision, in a setting where party credibility can vary. When … campaign promises. When political credibility is sufficiently low, some voter groups are targeted only with vote buying and not …
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