This paper aims at increasing the choice of regional agreements where developed and developing countries participate, by considering two strategies. We present a new strategy based on that of Asheim et al. (2006, Journal of Environmental Economics and Management, vol.51, pp.93-109), designating...

We consider contracting of a principal with an agent if multilateral externalities are present. The motivating example is that of an international climate agreement given private information about the willingness-to-pay (WTP) for emissions abatement. Due to multilateral externalities the...

The Foresight study presented in this paper is devoted to the sustainable use of water resources in Russia. The authors analyse possible trajectories of development in the three thematic areas (i) sustainability of water systems; (ii) water use by households and in industry; and (iii) new water...

The research presented in this paper focuses on the sustainable use of water resources in Russia based on a Foresight study with a 20-year time horizon. The study uses a scenario-planning method to develop four trajectories: economic depression, economic stagnation, visionary future, and...

Water resources are crucial for the continuity of life. Humans and living species need fresh water for drinking and sanitation, while industries in most sectors of the economy need water for some part of production processes themselves. Access to fresh water is a grand challenge at the global...

International climate negotiations have been troubled by mutual mistrust. At the same time, a hope seems to prevail that once enough countries moved forward, others would follow suit. If the abatement game faced by climate negotiators is a Prisoners' Dilemma, and countries are narrowly...

The texts of the COP 21 Decision and its Annex are scrutinized from the particular point of view of the extent to which economic theoretic concepts can be considered to inspire them. While this is shown to be partially the case in some of the intentions, the texts themselves contain more...

The texts of the COP 21 Decision and its Annex are scrutinized from the particular point of view of the extent to which economic theoretic concepts can be considered to inspire them. While this is shown to be partially the case in some of the intentions, the texts themselves contain more...

This paper considers whether international environmental public goods provision bring significant benefits to countries with through a regional cooperation than a global cooperation. Using a repeated game model, this study shows that the regional cooperative approach is an appropriate way to...

Several studies found ancillary benefits of environmental policy to be of considerable size. These additional private benefits imply not only higher cooperative but also noncooperative abatement targets. However, beyond these largely undisputed important quantitative effects, there are...