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Our purpose is to analyse the effectiveness and efficiency of a Partial Climate Agreement with open entry under a non-cooperative Nash-Equilibrium framework. We evaluate a partial agreement policy in which non-signatory countries can decide to join or to leave a coalition of the willing at any...
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In the Tragedy of the Commons Hardin suggested that with respect to global commons we are trapped in a vicious circle where calculations of utility pushes us to keep polluting our own nest. This taken on a global scale has led to concerns about climate change and a realization that measures need...
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