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The basic model of the literature on self-enforcing international environmental agreements is a model of autarkic countries. We extend that model by international trade and investigate its impact on the performance of Nash coalitions and on their stability, in particular, in a general...
Persistent link: https://www.econbiz.de/10010323839
In the basic model of the literature on international environmental agreements (IEAs) (Barrett 1994; Rubio and Ulph 2006) the number of signatories of selfenforcing IEAs does not exceed three, if non-positive emissions are ruled out. We extend that model by introducing a composite consumer good and...
Persistent link: https://www.econbiz.de/10010323841