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We investigate whether global cooperation for emission abatement can be improved if asymmetric countries can sign different parallel environmental agreements. The analysis assumes a two-stage game theoretical model. Conditions for self-enforcing sets of agreements and the resulting total...
Persistent link: https://www.econbiz.de/10011283164
Increasing concerns about climate change have given rise to the formation of International Environmental Agreements (IEAs) as a possible solution to limit global pollution effects. In this paper, we study the stability of IEAs in a repeated game framework where we restrict to strategies which...
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The literature on International Environmental Agreements (IEAs) predicts a rather low number of signatories to an IEA. This is in sharp contrast to empirical evidence. As experimental economics provides some evidence for more complex human behavior, extending the theory of IEAs to a broader...
Persistent link: https://www.econbiz.de/10009751377
We present typical scenarios and general insights from a novel dynamic model of farsighted climate coalition formation … scenarios of such a climate coalition formation process which show that a first-best state with a coordinated global carbon …
Persistent link: https://www.econbiz.de/10009756287
We augment the standard cartel formation game from non-cooperative coalition theory, often applied in the context of … international environmental agreements on climate change, with the possibility that singletons support coalition formation without … becoming coalition members themselves. Rather, their support takes the form of a monetary transfer to the coalition, which …
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the countries with higher threshold concern. When enough countries having no threshold concern could cause the coalition …
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