This paper analyses the formation of international environmental agreements (IEAs) under uncertainty, focusing on the role of learning and risk aversion. It bridges two strands of literature: one focused on the role learning for the success of IEA formation when countries are risk neutral and...

Technological developments intensify linkages between nations, making unilateral policies less effective. Though transnational externalities (e.g. trade, contagious diseases and terrorism) warrants coordination and cooperation between governments, this proves some times difficult. This is...

According to international law, straddling fish stocks should be managed cooperatively through Regional Fisheries Management Organizations (RFMOs). This paper analyzes the stability and success of these organizations through a game in partition function form based on the classical...

Na and Shin showed that the 'veil of uncertainty' can be conducive to the success of self-enforcing international environmental agreements. Later papers confirmed this conclusion about the negative impact of learning. In the light of intensified research efforts worldwide to reduce uncertainty...