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This paper studies within a multi-country model with international trade the stability of international environmental agreements (IEAs) when countries regulate carbon emissions either by taxes or caps. Regardless of whether coalitions play Nash or are Stackelberg leaders the principal message is...
Persistent link: https://www.econbiz.de/10010483270
The present paper analyzes the impact of a climate coalition's border carbon adjustment on emissions from commodity … production, welfare and the coalition size. The coalition implements border carbon adjustment to reduce carbon leakage and to … or export subsidy is positive but smaller than the coalition's implicit emission price. With a linear …
Persistent link: https://www.econbiz.de/10012425940
of the standalone deposit purchase policy either no coalition is stable or the grand coalition is the only stable … coalition. If the two-instrument policy is implemented, all countries inside and outside the coalition are better off than in …
Persistent link: https://www.econbiz.de/10011415311
This paper studies within a multi-country model with international trade the stability of international environmental agreements (IEAs) when countries regulate carbon emissions either by taxes or caps. Regardless of whether coalitions play Nash or are Stackelberg leaders the principal message is...
Persistent link: https://www.econbiz.de/10010418794
We consider a standard coalitional bargaining game where once a coalition forms it exits as in Okada (2011), however … chosen with equal probability. If that is the case, she can choose any coalition she belongs to. However, a coalition can …
Persistent link: https://www.econbiz.de/10011296159
. In particular, it is equivalent to the set of perfectly coalition-proof Nash equilibria (Bernheim, Peleg, and Whinston …
Persistent link: https://www.econbiz.de/10011694996
This paper studies within a multi-country model with international trade the stability of international environmental agreements (IEAs) when countries regulate carbon emissions either by taxes or caps. Regardless of whether coalitions play Nash or are Stackelberg leaders the principal message is...
Persistent link: https://www.econbiz.de/10010404554
In this paper we study the formation of coalition structures in situations described by a cooperative game. Players … choose independently which coalition they want to join. The payoffs to the players are determined by an allocation rule on … the underlying game and the coalition structure that results from the strategies of the players according to some …
Persistent link: https://www.econbiz.de/10014173254
bargaining solution, for games where the worth of all pairwise coalition is less than a third of the grand coalition value; the … Shapley value, for games where the sum of the value created by all pairwise coalitions is greater than the grand coalition … value; or the nucleolus, for games where only the 'natural coalition' among two 'natural partners' creates significant value …
Persistent link: https://www.econbiz.de/10014035050
The paper studies when efficient allocations are implementable via coalition-proof mechanisms. When ambiguous … implementable via interim coalition incentive compatible mechanisms if and only if the prior distribution of agents’ types satisfies … the Coalition Beliefs Determine Preferences (CBDP) property. When the CBDP property holds, these mechanisms can be …
Persistent link: https://www.econbiz.de/10013242607