Recent international climate negotiations suggest that complete agreements are unlikely to materialize. Instead …-called matching approaches. Matching schemes are regarded as providing a promising approach to overcome undersupply of public goods … like climate protection. The functioning of matching mechanisms in a setting with an incomplete agreement, i.e. a contract …

Recent international climate negotiations suggest that complete agreements are unlikely to materialize. Instead …-called matching approaches. Matching schemes are regarded as providing a promising approach to overcome undersupply of public goods … like climate protection. The functioning of matching mechanisms in a setting with an incomplete agreement, i.e. a contract …

the international negotiations with complete and with asymmetric information in a dynamic framework. Results show that …

Matching mechanisms are regarded as an important instrument to bring about Pareto optimal allocations in a public good … interior matching equilibrium, however, emerges only under very special conditions. But we show in this note that corner … results by a simple numerical example. -- public goods ; matching ; Pareto optimality …

good economy, can also be used to provide a diagrammatical exposition of matching mechanisms and their effects on public … good supply and welfare. In particular, we describe, on the one hand, for which income distributions interior matching … equilibria result and, on the other hand, for which income distributions the agents voluntarily participate in a matching …

International climate negotiations take place in a setting where uncertainties regarding the impacts of climate change …