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An Infinite-Horizon Model of Dynamic Membership of International Environmental Agreements
Rubio, Santiago; Ulph, Alistair - 2003
allow for the possibility that membership of the IEA may change endogenously over time. In this paper we analyse a simple … corresponding steady-state IEA membership, and that if the initial stock of pollution is below (above) steady-state then membership … costs to the pollution stock, initial and steady-state membership decline; in the limit, membership is small and constant …
Persistent link: https://www.econbiz.de/10011325071
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Game theory and international environmental co-operation: A survey with an application to the Kyoto-Protocol
Finus, Michael - 2000
First, the paper lays out the fun-damental assumptions underlying the game theoretical analysis of international environmental problems. Second it summarises important findings which help to explain the difficulties of co-operation and discusses remedies. Chapter 3 looks at measures to avoid...
Persistent link: https://www.econbiz.de/10011608649
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Minimum participation rules with heterogeneous countries
Weikard, Hans-Peter; Wangler, Leo; Freytag, Andreas - 2009
becomes legally binding if and only if a certain threshold in terms of membership or contribution is reached. We analyze a … cartel game with open membership and heterogeneous countries to study the endogenous choice of a minimum participation rule …
Persistent link: https://www.econbiz.de/10010330092
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Endogenous environmental policy when pollution is transboundary
Fünfgelt, Joachim; Schulze, Günther G. - 2011
We analyze the formation of environmental policy to regulate transboundary pollution if governments are self-interested. In a common agency framework, we portray the environmental policy calculus of two political supportmaximizing governments that are in a situation of strategic interaction with...
Persistent link: https://www.econbiz.de/10010286619
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Transfers to sustain core-theoretic cooperation in international stock pollutant control
Germain, Marc; Tulkens, Henry; Toint, Philippe; de … - 1998
International environmental agreements aiming at correcting negative externalities generated by transboundary pollution are difficult to achieve for many reasons. Important obstacles arise from asymmetry in costs and benefits, and instability may occur due to the fact that coalitions of...
Persistent link: https://www.econbiz.de/10011608430
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Cooperative games: Core and shapley value
Serrano, Roberto - 2007
This article describes the basic elements of the cooperative approach to game theory, one of the two counterparts of the discipline. After the presentation of some basic definitions, the focus will be on the core and the Shapley value, two of the most central solution concepts in cooperative...
Persistent link: https://www.econbiz.de/10010318970
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The right of withdrawal in the treaty of Lison: A game theoretic reflection on different decision processes in the EU
Lechner, Susanne; Ohr, Renate - 2008
The ways of decision making within the EU have significantly changed in the last decades: the rule of unanimity has been more and more substituted by majority voting in order to speed up decision-making processes in a Union of 27 heterogeneous member states. A third possibility is now offered by...
Persistent link: https://www.econbiz.de/10010300191
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The Eurozone needs exit rules
Fahrholz, Christian; Wójcik, Cezary - 2012
This paper argues that the key issue for defining and solving the Eurozone's (EZ) difficulties lies in readjusting the relationship between the centre and the periphery of the EZ. Our argument proceeds in two steps. Firstly, the basic finance problem of a centre-periphery system is captured by a...
Persistent link: https://www.econbiz.de/10010283606
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Transboundary Pollution, R&D Spillovers and International Trade
Youssef, Slim Ben - 2003
We consider a symmetric three-stage game played by a pair of regulator-firm hierarchies to capture the scale and technology effects. Each firm produces one good sold on the market. The production process generates pollution characterized by a fixed emission/output ratio, and cross-borders. Firms...
Persistent link: https://www.econbiz.de/10011325057
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Domestic inefficiencies caused by transboundary pollution problems when there is no international coordination of environmental policies
Hoel, Michael - 2001
In most models of transboundary pollution, lack of international cooperation does not cause any inefficiency within each country. The paper shows that this result is only valid in the hypothetical case of no international trade. With international trade, we get a domestic inefficiency in...
Persistent link: https://www.econbiz.de/10010284303