Eichner, Thomas; Schopf, Mark - In: Environmental and Resource Economics 88 (2025) 2, pp. 249-278
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 intensity of cooperation between signatories is optimal. In the Nash game … equilibrium emissions and the stable coalition of the Stackelberg game with the highest cooperation intensity. Finally, we apply …