Eichner, Thomas; Schopf, Mark - 2021
This paper compares the Kyoto Protocol and the Paris Agreement in the dynamic game of Battaglini and Harstad (2016 … Kyoto Protocol. In a large set of economies, the Kyoto Protocol is Pareto superior to the Paris Agreement. Although the … stable climate coalition is large in the Paris Agreement and small in the Kyoto Protocol, the emissions reductions of a …