Allocations of tradable greenhouse gases (GHG) emission quotas among countries may take place according to several sharing rules corresponding to a certain perception of equity. For instance, allocating quotas in direct proportion to population, in inverse relation to GDP or according to past...

This paper deals with a a cooperative game theoretic analysis of the economics of international agreements on climate change. To cope with the question of the voluntary implementation of the international optimum, a financial transfer scheme is proposed under which no countries nor subgroup...