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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...
Persistent link: https://www.econbiz.de/10009757336
International climate negotiations take place in a setting where uncertainties regarding the impacts of climate change …
Persistent link: https://www.econbiz.de/10013315816
The Conference of the Parties (COP) has proven a valuable outlet to advance the climate agenda. The combination of high media coverage, extremely high expectations set by influential environmentalists, and unanimity rules has, however, started to limit its effectiveness. Technical issues can...
Persistent link: https://www.econbiz.de/10012318579
This paper analyses the role of ratification quotas in multilateral agreements over emission reduction. The higher is the quota, the lower is the level of emissions in case the agreement comes into force, but the higher is also the risk of failure. In a setting with incomplete information, two...
Persistent link: https://www.econbiz.de/10010439371
I develop a dynamic model of private provision of public bads allowing investments in technologies. The analysis is tractable and the MPE unique. The framework is used to derive optimal incomplete contracts in a dynamic setting. While the noncooperative equilibrium is very inefficient,...
Persistent link: https://www.econbiz.de/10008810179
WTO environmental goods negotiations. It begins with discussing what products to liberalize and how. Given that WTO … Members are divided by this key issue, the paper explores options to move current negotiations on the liberalization of trade …
Persistent link: https://www.econbiz.de/10013067380
. We present a laboratory experiment that studies how residual risk of failure affects willingness to contribute to climate …
Persistent link: https://www.econbiz.de/10011738574
This paper extends the economic literature on the private provision of public goods by examining the relevance of perceptions of climate policy to voluntary contributions to the public good of climate protection. Based on an analytical model which allows for perceptions of climate policy such as...
Persistent link: https://www.econbiz.de/10010413273
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 …
Persistent link: https://www.econbiz.de/10011212939
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 …
Persistent link: https://www.econbiz.de/10010559785