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Na and Shin (1998) showed that the veil of uncertainty can be conducive to the success of self-enforcing international environmental agreements. Later papers confirmed this negative conclusion about the role of learning. In the light of intensified research efforts worldwide to reduce...
Persistent link: https://www.econbiz.de/10008465547
We identify the core as an appealing stability concept of cooperative game theory, but argue that the non …-cooperative foundation of core-stability for positive externality NTU-games. First, in the spirit of Hart/Kurz (1983), we develop a game that …
Persistent link: https://www.econbiz.de/10011325065
We empirically test stability of climate change coalitions with the STAbility of Coalitions model (STACO). The model … comprises twelve world regions and captures important dynamic aspects of the climate change problem. We apply the stability … concept of internal and external stability to a cartel formation game. It is shown that only if benefits from global abatement …
Persistent link: https://www.econbiz.de/10011325097
agreements (IEAs) by applying the widely used concept of inter-nal & external stability and several modifications of it. We relax …
Persistent link: https://www.econbiz.de/10011325122
Since the framework convention of Rio, actual environmental negotiations on climate change aim at inducing all world countries to sign global environmental agreements to reduce greenhouse gas emissions. Despite the past unsuccessful attempts, even current negotiations seem to pursue the same...
Persistent link: https://www.econbiz.de/10011608380
addition to Nash Stability, various solution concepts are used based on the foresight, disimprovements, and knowledge of …
Persistent link: https://www.econbiz.de/10011640872
The objective of this paper is to investigate the usefulness of non-cooperative bargaining theory for the analysis of negotiations on water allocation and management. We explore the impacts of different economic incentives, a stochastic environment and varying individual preferences on players’...
Persistent link: https://www.econbiz.de/10009443174
investigate stability of partial climate coalitions. Technology spillovers to coalition members increase their incentives to stay … while spillovers are a good instrument to improve stability of bilateral agreements, they cannot overcome the strong free …
Persistent link: https://www.econbiz.de/10009443176
The relevance of bargaining to everyday life can easily be ascertained, yet the study of any bargaining process is extremely hard, involving a multiplicity of questions and complex issues. The objective of this paper is to provide new insights on some dimensions of the bargaining process –...
Persistent link: https://www.econbiz.de/10009445080
The objective of this paper is to investigate the usefulness of non-cooperative bargaining theory for the analysis of negotiations on water allocation and management. We explore the impacts of different economic incentives, a stochastic environment and varying individual preferences on players'...
Persistent link: https://www.econbiz.de/10010264274