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In this paper we analyze how ratification uncertainty impacts the optimal terms of international environmental agreements (IEAs). We relax the frequent assumption of countries as unitary actors by modeling the ratification stage through uncertain preferences of a ratifying agent (e.g. the...
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participants assess the support of the equity criteria by major parties in the climate negotiations. Comparing these results with … cost estimates from a POLES model, we find that the perceived equity preferences of the respective countries or groups of … fairness concerns and in order to facilitate the negotiations. …
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