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The paper presents a dynamic game where players contribute to a public bad, invest in technologies, and write incomplete contracts. Despite the n 1 stocks in the model, the analysis is tractable and the symmetric Markov perfect equilibrium unique. If only the contribution levels are...
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In the political struggle for finding a solution for the global climate crisis participation of civil society voices is explicitly invited. Accordingly, civil society – and in particular environmental non- governmental organisations (ENGOs) – has contributed to this process from its...
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