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substantial externality on the rest of the world. We analyze whether the threat of counter-geoengineering technologies capable of …
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This paper studies the impact of adaptation on the stability of an international emission agreement. To address this issue we solve a three-stage coalition formation game where in the first stage countries decide whether or not to sign the agreement. Then, in the second stage, signatories...
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-à-vis the rest of the world and if abatement costs are quadratic. It has been shown that larger coalitions and even the grand …
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