Eichner, Thomas; Schopf, Mark - In: Environmental and Resource Economics 88 (2025) 2, pp. 249-278
This paper analyzes international environmental agreements in three-stage games consisting of a membership subgame, the signatories' decision on the intensity of cooperation, and an emissions subgame. Signatories may act as Stackelberg leaders or play Nash. In the Stackelberg game, the highest...