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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...
Persistent link: https://www.econbiz.de/10005731276
In this paper the scope of the applicability of the Stackelberg equilibrium concept in differential games is investigated. Firstly, it is showed that for a class of differential games with state-interdependence the stationary feedback Nash equilibrium coincides with the stationary feedback...
Persistent link: https://www.econbiz.de/10005731301
In this paper we model the case of an international non-renewable resource monopolist as a differential game between the monopolist and the governments of the importing countries, and we investigate whether a tariff on the resource importations can be advantageous for the importing countries. We...
Persistent link: https://www.econbiz.de/10005731444
This paper studies the stability of a tariff agreement among the importers of a monopolized good that is sold in an integrated market. The tariff agreement formation is modelled as a two-stage game. In the first stage, each importer decides whether or not to sign the agreement, and in the second...
Persistent link: https://www.econbiz.de/10005736225
In this paper the scope of the applicability of the Stackelberg equilibrium concept in differential games is investigated. Firstly, conditions for obtaining the coincidence between the Stackelberg and Nash equilibria are defined in terms of the instantaneous pay-off function and the state...
Persistent link: https://www.econbiz.de/10005650009
This paper examines international cooperation on technological development as an alternative to international cooperation on GHG emission reductions. It is assumed that when countries cooperate they coordinate their investments so as to minimize the agreement costs of controlling emissions....
Persistent link: https://www.econbiz.de/10011076794
In this paper the profitability and stability of an International Environmental Agreement among N identical countries that emit a pollutant are studied using a standard quadratic net benefit function. The static analysis shows that only a bilateral agreement could be self-enforcing independently...
Persistent link: https://www.econbiz.de/10005515931
Persistent link: https://www.econbiz.de/10005280220
Persistent link: https://www.econbiz.de/10005229812
Barrett's (1994) paper on transboundary pollution abatement shows 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 coalition....
Persistent link: https://www.econbiz.de/10005564446