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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...
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Uniform competitive solutions are stable configurations of proposals predicting coalition formation and effective … substitute of the core. The new existence results obtained in the present paper concern also the case when the coalitional … economies. Key words: cooperative games, core, competitive solutions, exchange economies …
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