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Linking of repeated games and exchange of concessions in fields of relative strength may lead to more cooperation and to Pareto improvements relative to the situation where each game is played separately. In this paper we formalize these statements, provide some general results concerning the...
Persistent link: https://www.econbiz.de/10014050150
This paper deals with partial cooperation among countries involved in the exploitation of straddling and highly migratory fish stocks. We analyse the feasibility of coalition structures and their impacts on fishing efforts by means of games in partition function form. Furthermore, we demonstrate...
Persistent link: https://www.econbiz.de/10014071324
Kenya is predominantly a nature-based tourism destination with wildlife (concentrated in the southern part of the country) and beaches (along the Indian Ocean) accounting for over 85% of the international tourists visiting the country. Other attractions are based on the physical landscape of the...
Persistent link: https://www.econbiz.de/10014073333
Stricter environmental regulations are often opposed on the grounds that they will alter equilibrium capital flows. Empirical evidence in this area remains largely unresolved, mainly due to the quite disparate results found in the literature. This paper takes a positive look at the relationship...
Persistent link: https://www.econbiz.de/10014033950
This article gives an assessment of the relative strengths and weaknesses of a variety of economic modelling approaches commonly used for cost estimates of limiting carbon emissions. The approaches discussed include the ad hoc approach, dynamic optimization approach, input-output approach,...
Persistent link: https://www.econbiz.de/10014119105
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Which level of government is most appropriate for environmental policy making in a confederal or federal system? How does the level of government at which policy is made and implemented affect the choice of policy instruments? This important new volume addresses these problems by comparing...
Persistent link: https://www.econbiz.de/10014473935