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We model countries' choice of greenhouse gas (GHG) emissions as a dynamic game. Emissions generate immediate benefits to the emitting country but also increase atmospheric GHG concentrations that negatively affect present and future welfare of all countries. Because there are no international...
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Machine generated contents note: PART I FRAMEWORK FOR ANALYSIS OF CONSERVATION POLICY -- 1 Martin L. Weitzman (1998), 'The Noah's Ark Problem', Econometrica, 66, pp. 1279-98. -- 2 Stephen Polasky and Andrew R. Solow (1999), 'Conserving Biological Diversity with Scarce Resources', in J. Klopatek...
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