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How the Rules of Coalition Formation Affect Stability of International Environmental Agreements
Finus, Michael; Rundshagen, Bianca - Fondazione ENI Enrico Mattei (FEEM) - 2003
This paper compares stability of international environmental agreements for six different rules of coalition formation … coalitions. From a policy perspective, counterintuitively, it turns out that stability is higher under exclusive than under open … membership and stability increases with the degree of unanimity. We discuss the policy implications of our result for future …
Persistent link: https://www.econbiz.de/10005423070
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The case of two self-enforcing international agreements for environmental protection
Osmani, Dritan; Tol, Richard S.J. - Forschungsstelle Nachhaltige Umweltentwicklung (ZMK), … - 2005
the cartel stability concept of d'Aspremont et al. (1983) frequently use the assumption that countries can sign a single …
Persistent link: https://www.econbiz.de/10005634599
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New Roads to International Environmental Agreements: The Case of Global Warming
Finus, Michael; Eyckmans, Johan - Fondazione ENI Enrico Mattei (FEEM) - 2003
agreements (IEAs) by applying the widely used concept of inter-nal & external stability and several modifications of it. We relax …
Persistent link: https://www.econbiz.de/10005385422
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The Global Emission Game: On the Impact of Strategic Interactions Between Countries on the Existence and the Properties of Nash Equilibria
Heugues, Mélanie - Fondazione ENI Enrico Mattei (FEEM) - 2013
In a context of laissez-faire, the propositions established in this paper shed light on the evolution of the problem of greenhouse gas (GHG) accumulation in the atmosphere for each type of strategic behaviour resulting from countries’ interconnection on global markets. In a framework of strong...
Persistent link: https://www.econbiz.de/10010833908
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An Empirical Assessment of Measures to Enhance the Success of Global Climate Treaties*
Eyckmans, Johan; Finus, Michael - Centrum voor Economische Studiën, Faculteit Economie … - 2004
making it more difficult to upset stability of a treaty. We find that institutional changes may be as important as transfers …
Persistent link: https://www.econbiz.de/10005808075
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Coalition Formation in a Global Warming Game: How the Design of Protocols Affects the Success of Environmental Treaty-Making
Eyckmans, Johan; Finus, Michael - Centrum voor Economische Studiën, Faculteit Economie … - 2003
We combine the newest concepts of non-cooperative coalition theory with a computable general equilibrium model close to the seminal RICE-model of Nordhaus and Yang (1996) to determine stable coalition structures in a global warming game. We consider three coalition games that allow for the...
Persistent link: https://www.econbiz.de/10005808089
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Coalition formation in a global warming game : how the design of protocols affects the success of environmental treaty-making
EYCKMANS, Johan; FINUS, Michael - Center for Operations Research and Econometrics (CORE), … - 2003
We combine the newest concepts o non-cooperative coalition theory with a computable general equilibrium model close to the seminal RICE-model of Nordhaus and Yang (1996) to determine stable coalition structures in a global warming game. We consider three coalition games that allow for the...
Persistent link: https://www.econbiz.de/10005043184
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New Roads to International Environmental Agreements: The Case of Global Warming
Eyckmans, Johan; Finus, Michael - Centrum voor Economische Studiën, Faculteit Economie … - 2003
agreements (IEAs) by applying the widely used concept of internal& external stability and several modifications of it. We relax …
Persistent link: https://www.econbiz.de/10005503921
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Stability of Climate Coalitions in a Cartel Formation Game
Finus, Michael; Ierland, Ekko van - Fondazione ENI Enrico Mattei (FEEM) - 2003
We empirically test stability of climate change coalitions with the STAbility of Coalitions model (STACO). The model … comprises twelve world regions and captures important dynamic aspects of the climate change problem. We apply the stability … concept of internal and external stability to a cartel formation game. It is shown that only if benefits from global abatement …
Persistent link: https://www.econbiz.de/10005423237
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Modesty Pays: Sometimes!
Finus, Michael - Fondazione ENI Enrico Mattei (FEEM) - 2004
Standard non-cooperative game theoretical models of international environmental agreements (IEAs) draw a pessimistic picture of the prospective of successful cooperation: only small coalitions are stable that achieve only little. However, there also exist IEAs with higher participation and more...
Persistent link: https://www.econbiz.de/10005385341