This paper investigates the role of proactive adaptation in international mitigation coalition formation. Adaptation is introduced into a three stage cartel game of coalition formation. We analytically derive the optimal level of mitigation and proactive adaptation for the singletons and...

The AD-RICE2012 model is an updated version of the AD-RICE99 (Nordhaus and Boyer 2001) model, where the AD_RICE99 model is based on the RICE99 model and the AD-RICE2012 on the RICE2010 (Nordhaus 2010) model. In this document, we will describe the calibration of the AD-RICE2012 model and compare...

Climate change is one of the greatest challenges facing our planet in the foreseeable future anddespite the urgency of the situation global GHG emissions are still increasing. In this context,and since future climate changes appear now unavoidable to some extent, adaptation measureshave recently...

This paper deals with the design of equilibrium solutions with coupled constraints in dynamic games of greenhouse gas (GHG) emissions abatement. Self enforcing International Environmental Agreements (IEA) among different groups of countries call for Nash equilibrium solutions when the abatement...

The introduction of renewable energy sources (RES) in an electricity market changes the shape of the system's supply curve. In a perfectly competitive market, this causes a downward pressure on equilibrium prices called the merit order effect (MoE). However, when introducing or transferring RES...