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Game Theoretic Research on the Design of International Environmental Agreements: Insights, Critical Remarks, and Future Challenges
Finus, Michael - In: International Review of Environmental and Resource Economics 2 (2008) 1, pp. 29-67
agreements (IEAs) using the method of game theory has sharply increased. This paper reports on some recent results that shall … demonstrate the usefulness but also the limitation of game theory for the analysis of IEAs. It restricts attention to the class of …
Persistent link: https://www.econbiz.de/10010990871
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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
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/10005385422
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The Carrot or the Stick: Water Allocation Strategies for Uzbekistan
Zaikin, Andrey; Espinola-Arredondo, Ana - School of Economic Sciences, Washington State University - 2012
Irrigation water is a constrained common-pool resource in Uzbekistan that leads to an increasing competition over its allocation among farmers. We examine how the management of the commons in this region affects individual strategic behavior. We conduct an experiment with farmers from Uzbekistan...
Persistent link: https://www.econbiz.de/10010550521
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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
We analyze important forces that hamper the formation of successful self-enforcing agreements to mitigate global warming. The analysis combines two modules: a) a computable general equilibrium model that captures the feedback between the economy, environmental damages and the climate system and...
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 … theory that in the case of greenhouse gases stable coalition structures (partial cooperation) can close the gap between the … the seminal RICE-model of Nordhaus and Yang (1996) to determine stable coalition structures in a global warming game. We …
Persistent link: https://www.econbiz.de/10005808089
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The Environmental Costing Model: a tool for more efficient environmental policymaking in Flanders
Eyckmans, Johan; Meynaerts, Erika; Ochelen, Sara - Centrum voor Economische Studiën, Faculteit Economie … - 2004
The environmental costing model (Milieu-Kosten-Model or MKM in Dutch) is a tool for assessing cost-efficiency of environmental policy. The present paper describes the modelling methodology and illustrates it by presenting numerical simulations for selected multi-sector and multi-pollutant...
Persistent link: https://www.econbiz.de/10005808092
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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 … theory that in the case of greenhouse gases stable coalition structures (partial cooperation) can close the gap between the … the seminal RICE-model of Nordhaus and Yang (1996) to determine stable coalition structures in a global warming game. We …
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
We analyze with an integrated assessment model of climate change the formation of international environmental agreements (IEAs) by applying the widely used concept of internal& external stability and several modifications of it. We relax the assumptions of a single agreement and open membership...
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
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/10005423237
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An Excessive Development of Green Products
Espinola-Arredondo, Ana; Munoz-Garcia, Felix - School of Economic Sciences, Washington State University - 2012
This paper examines firms? incentives to develop a new (green) product,which might compete against the traditional pollutant (brown) product that the? firm sells. We show that in equilibrium more than one?firm might develop the green good, but such an equilibrium outcome is not necessarily...
Persistent link: https://www.econbiz.de/10010561499