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We analyze with an integrated assessment model of climate change the formation of interna-tional environmental agreements (IEAs) by applying the widely used concept of inter-nal & external stability and several modifications of it. We relax the assumptions of a single agreement and open...
Persistent link: https://www.econbiz.de/10011592755
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...
Persistent link: https://www.econbiz.de/10014075307
We combine the newest concepts o non-cooperative coalition theory with a computable general equilibrium model close to … the seminal RICE-model of Nordhaus and Yang (1996) to determine stable coalition structures in a global warming game. We … consider three coalition games that allow for the formation of multiple coalitions. The coalition games represent different …
Persistent link: https://www.econbiz.de/10014051299
The recent events that followed the US decision not to comply with the Kyoto Protocol seem to drastically undermine the effectiveness of the Protocol in controlling GHG emissions. Therefore, it is important to explore whether there are economic factors and policy strategies that might help the...
Persistent link: https://www.econbiz.de/10011325132
This paper analyses whether different emissions trading regimes provide different incentives to participate in a cooperative climate agreement. Different incentive structures are discussed for those countries, namely the US, Russia and China, that are most important in the climate negotiation...
Persistent link: https://www.econbiz.de/10011325133
This paper provides a quantitative comparison of the main architectures for an agreement on climate policy. Possible successors to the Kyoto protocol are assessed according to four criteria: economic efficiency; environmental effectiveness; distributional implications; and their political...
Persistent link: https://www.econbiz.de/10010264453
This paper analyses the cost implications for climate policy in developed countries if developing countries are unwilling to adopt measures to reduce their own GHG emissions. First, we assume that a 450 CO2 (550 CO2e) ppmv stabilisation target is to be achieved and that Non Annex1 (NA1)...
Persistent link: https://www.econbiz.de/10010264473
The literature on international environmental agreements has recognized the role transfers play in encouraging participation in international environmental agreements (IEAs), but the few results achieved so far are overly specific and do not exploit the full potential of transfers for successful...
Persistent link: https://www.econbiz.de/10010312412
We propose a novel mechanism for coalitional policies in a climate coalition. In our proposed setup, national …
Persistent link: https://www.econbiz.de/10012826860
coalition theory, we find that the potential benefits of water trade may not be sufficient to make all agents in the river …We analyse river sharing games in which a set of agents located along a river shares the available water. Using … cooperate and acknowledge property rights as a prerequisite for trade. Specifically, a complete market for river water may not …
Persistent link: https://www.econbiz.de/10010541206