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This paper proposes that transboundary water governance needs to become an essential input to sustainable governance of … the factors behind successful practices. Successful transboundary governance of water and nature requires the reduction of … associated transaction costs. Firstly, water diplomacy through joint research, data collection and monitoring, capacity building …
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competition shapes agents' willingness to fight on. Our theory predicts that a poor environment amplifies the momentum of a …
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of the introduced theory are applicable to several (credence-good) industries which employ labels or rankings, including …
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The Kyoto summit initiated an international game of cap and trade. Unlike a national policy, the essence of this game is the self-selection of national emission targets. This differs from the standard global public-goods game because targets are met in the context of a global carbon market. This...
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This paper solves the global cap-and-trade game exactly as the public-goods game is normally solved and finds a problematic outcome. Abatement of greenhouse gas emissions is a global public good, and supplying a public good is a game with strong incentives to free ride. Adding a cap-and-trade...
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Greenhouse gas abatement is a public good, so climate policy is a public-goods game and suffers from the free-rider incentives that make the outcome of such games notoriously uncooperative. Adopting an international agreement can change the nature of the game, reducing or exacerbating the...
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