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In this paper we analyze how ratification uncertainty impacts the optimal terms of international environmental agreements (IEAs). We relax the frequent assumption of countries as unitary actors by modeling the ratification stage through uncertain preferences of a ratifying agent (e.g. the...
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with respect to both emissions and membership. In that encompassing IEA game the size of the coalition is increasing in the … values, the grand coalition may or may not be attained if one of the moral parameter increases and tends towards one. …
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