Kratzsch, Uwe; Sieg, Gernot; Stegemann, Ulrike - Department Wirtschaftswissenschaften, Technische … - 2010
myopic or not able to commit themselves to sustainable policies or costs of reducing emissions are too high, strategic … future treaty. Although no player will rationally reduce emissions on its own, investments in R&D by at least one player can … change the strategic situation of negotiations to control emissions: Emission abatement costs will decrease so that a treaty …