Eichner, Thomas; Pethig, Rüdiger - Fakultät Wirtschaftswissenschaften, … - 2014
whether the signatories’ threat to embargo (potential) free riders secures all countries’ participation in the agreement …. Resorting to numerical analysis, we find that an embargo may be unnecessary, ineffective or even counterproductive - depending … on the degree of asymmetry and other parameters. On some subset of parameters, the embargo stabilizes the otherwise …