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concept of internal and external stability to a cartel formation game. It is shown that only if benefits from global abatement … theory. …
Persistent link: https://www.econbiz.de/10011325097
We analyze with an integrated assessment model of climate change the formation of interna-tional environmental agreements (IEAs) by applying the widely used concept of inter-nal & external stability and several modifications of it. We relax the assumptions of a single agreement and open...
Persistent link: https://www.econbiz.de/10011325122
In diesem Papier wird untersucht, ob bzw. wie sich im Rahmen des Kyoto Protokolls die globalen Emissionsreduktionsziele mit der ökonomischen Rationalität der beteiligten Länder in Einklang bringen lassen. Den äußeren Rahmen der Analyse bildet eine spieltheoretische Darstellung der...
Persistent link: https://www.econbiz.de/10010301346
from the standard assumption of joint welfare maximization of coalition members, implying ambitious abatement targets and …
Persistent link: https://www.econbiz.de/10011324941
This paper compares stability of international environmental agreements for six different rules of coalition formation …
Persistent link: https://www.econbiz.de/10011325099
control are analysed. A non-cooperative approach to coalition formation is used to analyse profitability and stability of the … countries, carbon leakage reduces the size of the equilibrium coalition and even the likelihood of a successful negotiation. On …
Persistent link: https://www.econbiz.de/10011608392
of an international climate agreement. Although there are strong free-rider incentives, we find a stable grand coalition …
Persistent link: https://www.econbiz.de/10010272763
This paper provides a quantitative comparison of the main architectures for an agreement on climate policy. Possible successors to the Kyoto protocol are assessed according to four criteria: economic efficiency; environmental effectiveness; distributional implications; and their political...
Persistent link: https://www.econbiz.de/10010264453
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
international agreement on climate change control. The stable coalition structure of the game is defined and then computed for a … climate game in which the role of carbon leakage is also taken into account. At the equilibrium, a coalition may emerge … despite the public good nature of climate. The size of the coalition depends on the degree of interdependence of countries …
Persistent link: https://www.econbiz.de/10011608390