Unilateral Actions the Case of International Environmental Problems

When abatement costs are uncertain, but correlated, and a country becomes pri-vately informed that costs are low, then unilateral actions serve as a signalling devise to reveal low costs and unilateral actions have the potential to trigger positive responses abroad. However, the country engaging in unilateral actions is the one with the highest expectation about the other countries' reactions, and it might suffer from an effect like the winners curse.

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Year of publication:	2003
Authors:	Brandt, Urs Steiner
Publisher:	Esbjerg : University of Southern Denmark, Department of Environmental and Business Economics (IME)
Subject:	Internationale Umweltpolitik \| Theorie \| International environmental problems \| unilateral reductions \| signal-ling costs

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Series:	IME Working Paper ; 40
Type of publication:	Book / Working Paper
Type of publication (narrower categories):	Working Paper
Language:	English
Other identifiers:	385817630 [GVK] hdl:10419/83059 [Handle] RePEc:sdk:wpaper:40 [RePEc]
Classification:	Q28 - Government Policy ; H4 - Publicly Provided Goods ; D8 - Information and Uncertainty
Source:	EconStor

Persistent link: https://www.econbiz.de/10010321933