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the cartel stability concept of d'Aspremont et al. (1983) frequently use the assumption that countries can sign a single …
Persistent link: https://www.econbiz.de/10005634599
We extend the work on coalition formation in global pollution control by allowing for multiple coalitions. Equilibrium coalitions are derived under different "rules of the game" and compared with each other. We consider internal & external equilibria and equilibrium binding agreements in the...
Persistent link: https://www.econbiz.de/10014127228
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...
Persistent link: https://www.econbiz.de/10010339399
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,...
Persistent link: https://www.econbiz.de/10011444079
countries and on the stability of international environmental agreements. We consider two types of lobbies, industry and … the agreement stability. …
Persistent link: https://www.econbiz.de/10011517964
In a Nash equilibrium of voluntary participation games in international environmental agreements, the optimal surplus sharing rules, proposed by Eyckmans and Finus (2004) and Weikard (2009), incentivize more countries to participate in the agreements. We examine how robust this desirability of...
Persistent link: https://www.econbiz.de/10013219247
We reassess the well-known “narrow-but-deep” versus “broad-but-shallow” trade-off in international environmental agreements (IEAs), taking into account the principal-agent relationship induced by the hierarchical structure of international policy. To this end, we expand the modest...
Persistent link: https://www.econbiz.de/10013314772
We reassess the well-known "narrow-but-deep" versus "broad-but-shallow" trade-off in international environmental agreements (IEAs), taking into account the principal-agent relationship induced by the hierarchical structure of international policy. To this end, we expand the modest coalition...
Persistent link: https://www.econbiz.de/10012388125
We examine the formation of hub-and-spoke and multilateral green technology international agreements. Green R&D provision produces two types of positive externalities, a global public good (i.e., reduction of carbon dioxide emissions) and spillovers in technology agreements. We utilize the...
Persistent link: https://www.econbiz.de/10014038214
coalitions in equilibrium. We apply the extended concept to study the efficiency and stability properties of environmental …
Persistent link: https://www.econbiz.de/10014038215