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non-coalition countries with regard to emissions and welfare and compare business as usual with the coalition … liberalization by moving from autarky to free trade. Although the coalition steps up its mitigation effort, world emissions rise … environment as well as for the coalition countries’ welfare and the aggregate welfare of all countries; it reduces the range of …
Persistent link: https://www.econbiz.de/10013315868
to guarantee internal stability and to maximize the sum of utilities of coalition members. The transfers scheme is tested …, einer Koalition beizutreten oder nicht. Bezüglich der Koalitionäre wird kollektive Wohlfahrtsmaximierung angenommen …, Outsider handeln individuell rational. Für die Aufteilung des durch die Koalition generierten Effizienzgewinns wird ein …
Persistent link: https://www.econbiz.de/10012285892
We analyze with an integrated assessment model of climate change the formation of interna-tional environmental agreements (IEAs) by applying the widely used concept of inter-nal & external stability and several modifications of it. We relax the assumptions of a single agreement and open...
Persistent link: https://www.econbiz.de/10011325122
We analyze with an integrated assessment model of climate change the formation of international environmental agreements (IEAs) by applying the widely used concept of internal & external stability and several modifications of it. We relax the assumptions of a single agreement and open membership...
Persistent link: https://www.econbiz.de/10014074672
Free riding and coordination difficulties are held to be the primary causes of cooperation breakdown among nonrelatives. These thwarting effects are particularly severe in the absence of effective monitoring institutions capable of sanctioning deviant behavior. Unfortunately, solutions to global...
Persistent link: https://www.econbiz.de/10003989030
The Kyoto summit initiated an international game of cap and trade. Unlike a national policy, the essence of this game is the self-selection of national emission targets. This differs from the standard global public-goods game because targets are met in the context of a global carbon market. This...
Persistent link: https://www.econbiz.de/10014191875
Climate negotiations have largely failed, so a change of course is required. This requires that a sizable group of experts recommend a small, clear set of policy guideposts that lead to a more cooperative treaty. This papers proposes a set of three guideposts and derives them from an analysis of...
Persistent link: https://www.econbiz.de/10014163253
Greenhouse gas abatement is a public good, so climate policy is a public-goods game and suffers from the free-rider incentives that make the outcome of such games notoriously uncooperative. Adopting an international agreement can change the nature of the game, reducing or exacerbating the...
Persistent link: https://www.econbiz.de/10014044933
coalition, and regions which have the highest claims according to the respective sharing rule. Furthermore, we find that a …
Persistent link: https://www.econbiz.de/10011603652
including the coalition of all countries are stable, but only when the potential gain from cooperation is sufficiently high …
Persistent link: https://www.econbiz.de/10012859269