We suggest a two-country, two-sector model as a basis for the control of global climate change in which the dynamic time path of the world economy is analysed under the provision that the outcomes of a negotiation game generate the global optimal solution.

We suggest a two-country , two-sector model as a basis for the control of global climate change in which the dynamic time path of the world economy is analyzed under the provision that the outcomes of a negotiation game generate the global optimal solution

The major purpose of this book is to contribute to better economic policy analysis through improvements in models studying the economic impacts of carbon dioxide (CO2) and other greenhouse gases, and to show ways in which economic instruments can effectively be put to use to alleviate such...