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concept of internal and external stability to a cartel formation game. It is shown that only if benefits from global abatement … theory. …
Persistent link: https://www.econbiz.de/10011591872
from the standard assumption of joint welfare maximization of coalition members, implying ambitious abatement targets and …
Persistent link: https://www.econbiz.de/10011602768
This paper compares stability of international environmental agreements for six different rules of coalition formation …
Persistent link: https://www.econbiz.de/10011591895
the coalition information exchange decreases until a minimum participation consisting of three countries is reached. We … also find that the grand coalition is stable if the countries sign an international research joint venture but in this case …
Persistent link: https://www.econbiz.de/10010344228
developing countries) enter a coalition only if they do not have to reduce as much. While equity preferences improve upon the … in population size and per capita emissions, generally no coalition will be stable without restrictions on entry into or … exit out of a coalition. In such a situation, equity-orientation does not improve upon the prospects for cooperation. …
Persistent link: https://www.econbiz.de/10011598232
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/10009702215
to leave a coalition of the willing at any point in time. By means of a simple analytical model and of a numerical … integrated assessment model, we assess different coalition structures, and different minimum admission requirements. Our results … depending on the composition of the coalition of the willing. The policy turns out to be also rather efficient, with only minor …
Persistent link: https://www.econbiz.de/10009757336
We analyze with an integrated assessment model of climate change the formation of interna-tional environmental agreements (IEAs) by applying the widely used concept of inter-nal & external stability and several modifications of it. We relax the assumptions of a single agreement and open...
Persistent link: https://www.econbiz.de/10011592755
Persistent link: https://www.econbiz.de/10011600452
This paper provides a quantitative comparison of the main architectures for an agreement on climate policy. Possible successors to the Kyoto protocol are assessed according to four criteria: economic efficiency; environmental effectiveness; distributional implications; and their political...
Persistent link: https://www.econbiz.de/10008798525