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We analyze bargaining over international climate agreements in a setting with incomplete information about abatement costs. Unilateral commitment to high abatement reduces the gains from global cooperation. This reduces the probability of reaching efficient international environmental...
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When politicians negotiate in international climate conventions they may suffer from incomplete information about each other's preferences about reaching an agreement. As is known, this may cause failure to reach an efficient cooperative agreement. We study the role of the clean development...
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members of the coalition group for equilibrium payoffs and welfare effects. In this analysis we also distinguishing between … coalition groups with and without side payments. Overall, coalition groups tend to perform well for the members of the coalition … group in comparison to fully decentralized negotiations, particularly if the objectives of the members of the coalition …
Persistent link: https://www.econbiz.de/10009691706
members of the coalition group for equilibrium payoffs and welfare effects. In this analysis we also distinguishing between … coalition groups with and without side payments. Overall, coalition groups tend to perform well for the members of the coalition … group in comparison to fully decentralized negotiations, particularly if the objectives of the members of the coalition …
Persistent link: https://www.econbiz.de/10013087729
members of the coalition group for equilibrium payoffs and welfare effects. In this analysis we also distinguishing between … coalition groups with and without side payments. Overall, coalition groups tend to perform well for the members of the coalition … group in comparison to fully decentralized negotiations, particularly if the objectives of the members of the coalition …
Persistent link: https://www.econbiz.de/10013089384