concept of internal and external stability to a cartel formation game. It is shown that only if benefits from global abatement … theory. …

from the standard assumption of joint welfare maximization of coalition members, implying ambitious abatement targets and …

This paper compares stability of international environmental agreements for six different rules of coalition formation …

the coalition information exchange decreases until a minimum participation consisting of three countries is reached. We … also find that the grand coalition is stable if the countries sign an international research joint venture but in this case …

developing countries) enter a coalition only if they do not have to reduce as much. While equity preferences improve upon the … in population size and per capita emissions, generally no coalition will be stable without restrictions on entry into or … exit out of a coalition. In such a situation, equity-orientation does not improve upon the prospects for cooperation. …

non-coalition countries with regard to emissions and welfare and compare business as usual with the coalition … liberalization by moving from autarky to free trade. Although the coalition steps up its mitigation effort, world emissions rise … environment as well as for the coalition countries' welfare and the aggregate welfare of all countries; it reduces the range of …

non-coalition countries with regard to emissions and welfare and compare business as usual with the coalition … liberalization by moving from autarky to free trade. Although the coalition steps up its mitigation effort, world emissions rise … environment as well as for the coalition countries' welfare and the aggregate welfare of all countries; it reduces the range of …