Ulph, Alistair; Rubio, Santiago J. - Instituto Valenciano de Investigaciones Económicas (IVIE) - 2004
In Barrett's (1994) paper on transboundary pollution abatement is shown that if the signatories of an international environmental agreement act in a Stackelberg fashion, then, depending on parameter values, a self-enforcing IEA can have any number of signatories between two and the grand...