Diamantoudi, Effrosyni; Sartzetakis, Eftichios Sofokles; … - 2018 - Preliminary version
The paper examines the stability of self-enforcing International Environmental Agreements (IEAs) among heterogeneous countries, allowing for transfers. We employ a two-stage, non-cooperative model of coalition formation. In the first stage each country decides whether or not to join the...