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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 …
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We identify the core as an appealing stability concept of cooperative game theory, but argue that the non …-cooperative foundation of core-stability for positive externality NTU-games. First, in the spirit of Hart/Kurz (1983), we develop a game that …
Persistent link: https://www.econbiz.de/10011591220
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/10011591872
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/10011592755
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the relationship between farsighted stability and other concepts such as the largest consistent set and the von Neumann …
Persistent link: https://www.econbiz.de/10009751968
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