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International environmental agreements have been and are negotiated to facilitate mitigation efforts on climate change. To avoid severe impacts, global cooperation is required as the reduction of greenhouse gas emissions represents a global public good. However, free-riding incentives impede the...
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has to be qualified: below a threshold level of risk aversion learning can impact positively on the success of IEAs, above … the threshold the opposite is true. Moreover, in a world without full learning (i.e. partial and no learning), risk …
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Solar geoengineering has received increasing attention as an option to temporarily stabilize global temperatures. A key concern surrounding these technologies is that heterogeneous preferences over the optimal amount of cooling combined with low deployment costs may allow the country with the...
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The Nationally Determined Contributions (NDCs) under the Paris Agreement fall short of the abatement needed to reach the 2°C target. Emissions trading could be a "costless" means to reduce the ambition gap if countries used their gains from trade for additional abatement. However, this requires...
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This chapter presents the theory of international environmental agreements (IEAs). It explains what treaties do (or should do); when and why they succeed or fail; and whether they can be designed better. It focuses on the main questions that the literature on this topic has tried to answer,...
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This paper presents a game theoretic morphological analysis of the U.S. environmental authorities’ (i.e., EPA and DOJ) behavioural mechanisms, based on strategic interactions among the players. The models explore the role of discretion that such authorities enjoy, either in deciding how to...
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value of a coalition-based on the best or worst roommate in the coalition. In all cases, we determine the complexity of …
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