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In this paper we test empirically with the Nordhaus and Yang (1996) RICE model the core property of the transfer scheme adv ocated by Germain, Toint and Tulkens (1997). This scheme is designed to sustain full cooperation in a voluntary international environmental agreement by making all...
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This paper reviews various applications of cooperative game theory (CGT) to issues of water resources. With an increase …
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This paper provides a review of various applications of cooperative game theory (CGT) to issues of natural and …
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Game theory provides useful insights into the way parties that share a scarce resource may plan their use of the … resource under different situations. This review provides a brief and self-contained introduction to the theory of cooperative … introduction to this theory, in connection with a couple of surveys that analyze its use in the context of environmental problems …
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