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becomes legally binding if and only if a certain threshold in terms of membership or contribution is reached. We analyze a … cartel game with open membership and heterogeneous countries to study the endogenous choice of a minimum participation rule …
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This paper analyses the cost implications for climate policy in developed countries if developing countries are unwilling to adopt measures to reduce their own GHG emissions. First, we assume that a 450 CO2 (550 CO2e) ppmv stabilisation target is to be achieved and that Non Annex1 (NA1)...
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