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integrated with climate dynamics, a grand climate coalition or multiple climate coalitions may form in equilibrium, but if the …
Persistent link: https://www.econbiz.de/10013205091
We investigate whether global cooperation for emission abatement can be improved if asymmetric countries can sign different parallel environmental agreements. The analysis assumes a two-stage game theoretical model. Conditions for self-enforcing sets of agreements and the resulting total...
Persistent link: https://www.econbiz.de/10011283164
multilateral coalitional structures are not stable; however, the size of the stable coalition increases as the economy expands. …
Persistent link: https://www.econbiz.de/10011926354
Consider a situation in which countries anticipate an international environmental agreement (IEA) to be in effect sometime in the future. What is the impact of the future IEA on current emissions after its announcement? We show that the answer to this question is ambiguous. We examine four types...
Persistent link: https://www.econbiz.de/10011565652
on others' abatement. I show that a full or majority coalition can be stable. This requires, however, that a majority of … countries have relatively strong reciprocity preferences. No coalition participation is always stable. In addition, a stable … minority coalition may exist; if so, it is weakly larger than the maximum stable coalition with standard preferences, but is …
Persistent link: https://www.econbiz.de/10010488278
join coalitions to prevent that too much SRM is applied. The likely scenario is that a coalition will set a level of SRM …
Persistent link: https://www.econbiz.de/10012304691
analysis to investigate implications of retaliation. We find a threshold effect: below a certain coalition size the effect of … retaliation predominates and decreases incentives to be a coalition member. In coalitions above the threshold size the effect of … suggests that only after a sufficiently large climate coalition has already been formed, the threat of trade sanctions might be …
Persistent link: https://www.econbiz.de/10011724596
join coalitions to prevent that too much SRM is applied. The likely scenario is that a coalition will set a level of SRM …
Persistent link: https://www.econbiz.de/10011890085
We analyze with an integrated assessment model of climate change the formation of interna-tional environmental agreements (IEAs) by applying the widely used concept of inter-nal & external stability and several modifications of it. We relax the assumptions of a single agreement and open...
Persistent link: https://www.econbiz.de/10011592755
spillovers in technology agreements. We utilize the coalition-proof concept to refine the set of Nash equilibria and identify …
Persistent link: https://www.econbiz.de/10014038214