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International Cooperation to Resolve International Pollution Problems

Finus, Michael - 2004

This article provides a non-technical overview of important results of the game theoretical literature on the formation and stability of international environmental agreements (IEAs) on transboundary pollution control. It starts out by sketching features of first and second best solutions to the...

Persistent link: https://www.econbiz.de/10011324922

Coalition Formation in Games without Synergies

Marini, Marco; Currarini, Sergio - 2004

This paper establishes sufficient conditions for the existence of a stable coalition structure in the "coalition unanimity" game of coalition formation, first defined by Hart and Kurz (1983) and more recently studied by Yi (1997, 2000). Our conditions are defined on the strategic form game used...

Persistent link: https://www.econbiz.de/10011324923

Economic and Environmental Effectiveness of a Technology-based Climate Protocol

Carraro, Carlo; Buchner, Barbara - 2004

The present stalemate in climate negotiations has led policy analysts and economists to explore the possible emergence of alternative climate regimes. This paper explores the idea of replacing international cooperation on greenhouse gas emission control with international cooperation on...

Persistent link: https://www.econbiz.de/10011324942

Economics: An Emerging Small World?

Goyal, Sanjeev; van der Leij, Marco; Moraga-Gonzàlez, … - 2004

component { covering only 15% of the population. However, by the 1990's economics was much more integrated, with the giant …, leading us to conclude that economics is an emerging small world. A crucial stable feature of the network over this period is … themselves). The world of economics is thus a collection of inter-linked stars. We also find that a growth in the average number …

Persistent link: https://www.econbiz.de/10011324960

Strategic Action in the Liberalised German Electricity Market

Lise, Wietze; Kemfert, Claudia; Tol, Richard S.J. - 2003

Nowadays, a process can be observed in Germany where electricity producing and trading firms react to the electricity market liberalisation by merging market shares, since the year 2000, which reduces the number of suppliers and influences production and consumer prices. This paper discusses...

Persistent link: https://www.econbiz.de/10011325032

On the Size and Structure of Group Cooperation

Haag, Matthew; Lagunoff, Roger - 2003

This paper examines characteristics of cooperative behavior in a repeated, n-person, continuous action generalization of a Prisoner's Dilemma game. When time preferences are heterogeneous and bounded away from one, how "much" cooperation can be achieved by an ongoing group? How does group...

Persistent link: https://www.econbiz.de/10011325070

Back to Kyoto? US participation and the linkage between R&D and climate cooperation

Buchner, Barbara; Carraro, Carlo; Cersosimo, Igor; … - 2002

The US decision not to ratify the Kyoto Protocol and the recent outcomes of the Bonn and Marrakech Conferences of the Parties drastically reduce the effectiveness of the Kyoto Protocol in controlling GHG emissions. The reason is not only the reduced emission abatement in the US, but also the...

Persistent link: https://www.econbiz.de/10011335691

Heterogeneous international agreements: If per capita emission levels matter

Lange, Andreas - 2002

This paper studies the incentives for international cooperation if (some) countries prefer a more equitable distribution of per capita emission levels. The impact of such an equity preference is analyzed first for a bilateral, and then for a multilateral environmental problem. We show that -...

Persistent link: https://www.econbiz.de/10011335769

Distinctively different: A new approach to valuing architectural amenities

Ahlfeldt, Gabriel; Holman, Nancy - 2015

We propose a method to estimate the capitalized value of the architectural design quality of a neighbourhood. Our economic design premium is identified by spatially differentiating property prices and design quality within neighbourhoods and comparing the differences across neighbourhoods. We...

Persistent link: https://www.econbiz.de/10011400320

Fairness and motivation

Falk, Armin - In: IZA World of Labor (2014)

How do firms motivate their employees to be productive? The conventional wisdom is that workers respond to monetary incentives—"Pay them more and they will work harder." However, a large and growing body of empirical evidence from laboratory and field experiments, surveys, and observational...

Persistent link: https://www.econbiz.de/10011404832