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Do Increases in Environmental Risk Reduce Welfare? A Dynamic Game Perspective
Benchekroun, Hassan; Long, Ngo Van - Centre Interuniversitaire de Recherche en Analyse des … - 2013
We consider the effect of an increase in the risk from pollution. We show that in the case of a flow pollution, when … the number of players is sufficiently large, the result of Bramoulle and Treich, showing that a marginal increase of risk … in the neighborhood of a risk-free world is welfare-improving, holds even when we consider non-marginal increases in risk …
Persistent link: https://www.econbiz.de/10011183755
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Applications of Dynamic Games to Global and Transboundary Environmental Issues: A Review of the Literature
Van Long, Ngo - In: Strategic Behavior and the Environment 2 (2012) 1, pp. 1-59
This paper surveys three areas of applications of dynamic games: (i) transboundary pollution, (ii) exploitation of transboundary resources, and (iii) problems of the developing world: capital flights, foreign aid, war and peace. A refresher section introduces the basic ideas and solution...
Persistent link: https://www.econbiz.de/10010698743
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Dynamic Models of International Environmental Agreements: A Differential Game Approach
Calvo, Emilio; Rubio, Santiago J. - In: International Review of Environmental and Resource Economics 6 (2013) 4, pp. 289-339
This article provides a survey of dynamic models of international environmental agreements (IEAs). The focus is on environmental problems that are caused by a stock pollutant as are the cases of the acid rain and climate change. For this reason, the survey only reviews the literature that...
Persistent link: https://www.econbiz.de/10010696389
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Dynamic Models of International Environmental Agreements: A Differential Game Approach
Calvo, Emilio; Rubio, Santiago J. - Estructura de Recerca Interdisciplinar Comportament … - 2012
This article provides a survey of dynamic models of international environmental agreements (IEAs). The focus is on environmental problems that are caused by a stock pollutant as are the cases of the acid rain and climate change. For this reason, the survey only reviews the literature that...
Persistent link: https://www.econbiz.de/10010548942
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Transboundary pollution and clean technologies
Benchekroun, Hassan; Ray Chaudhuri, Amrita - In: Resource and Energy Economics 36 (2014) 2, pp. 601-619
Within a non-cooperative transboundary pollution game, we investigate the impact of the adoption of a cleaner technology (i.e., a decrease in the emission to output ratio). We show that countries may respond by increasing their emissions resulting in an increase in the stock of pollution that...
Persistent link: https://www.econbiz.de/10010753153
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Cleaner Technologies and the Stability of International Environmental Agreements
Benchekroun, H.; Ray Chaudhuri, A. - Tilburg University, Center for Economic Research - 2012
Abstract: This paper shows that, if countries are farsighted when deciding whether to defect from a coalition, then the implementation of cleaner technologies may jeopardize the chances of reaching an international environmental agreement. The grand coalition may be destabilized by the...
Persistent link: https://www.econbiz.de/10011090691
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'The Voracity Effect' and Climate Change : The Impact of Clean Technologies
Benchekroun, H.; Ray Chaudhuri, A. - Tilburg University, Center for Economic Research - 2010
In the absence of a successful international cooperative agreement over the control of emissions there is a growing interest in the role that clean technologies may play to alleviate the climate change problem. Within a non-cooperative transboundary pollution game, we investigate, analytically...
Persistent link: https://www.econbiz.de/10011091386
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Cleaner Technologies and the Stability of International Environmental Agreements
Benchekroun, H.; Ray Chaudhuri, A. - Tilburg University, Tilburg Law and Economic Center - 2012
Abstract: This paper shows that, if countries are farsighted when deciding whether to defect from a coalition, then the implementation of cleaner technologies may jeopardize the chances of reaching an international environmental agreement. The grand coalition may be destabilized by the...
Persistent link: https://www.econbiz.de/10011093149
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Farsight and Myopia in a Transboundary Pollution Game
Benchekroun, Hassan; Martín-Herrán, Guiomar - Centre Interuniversitaire de Recherche en Économie … - 2012
We study the impact of farsightedness in a transboundary pollution game; i.e. the ability of a country to forecast the relationship between current emissions and future levels of pollution and thus on future damages. We show that when all countries are farsighted their payos are larger than when...
Persistent link: https://www.econbiz.de/10010616507
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“The Voracity Effect” and Climate Change: The Impact of Clean Technologies
Benchekroun, Hassan; Chaudhuri, Amrita Ray - Fondazione ENI Enrico Mattei (FEEM) - 2011
We show that a technological breakthrough that reduces CO2 emissions per output can exacerbate the climate change problem: countries may respond by raising their emissions resulting in an increase of the stock of pollution that may reduce welfare. Using parameter values based on empirical...
Persistent link: https://www.econbiz.de/10008828404