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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...
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Strategic Behaviour and Environmental Commons, 18 (1), February, 69-92 -- Bård Harstad (2012), 'Climate Contracts: A Game of …-508 -- Nori Tarui, Charles F. Mason, Stephen Polasky and Greg Ellis (2008), 'Cooperation in the Commons with Unobservable Actions …
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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...
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