In the wake of 25 UN Climate Change Conferences of the Parties (and counting), international cooperation on mitigating greenhouse gas emissions to avoid substantial and potentially irreversible climate change remains an important challenge. The limited impact that the Kyoto Protocol and its...

This paper uses replicator dynamics to compare the steady states arising from two types of common property regimes - one in which over-exploiters are punished by the resource users themselves, and another where enforcement is handled by guards who collect a tax from the users. The use of guards...

Hohe Preise für den Ausstoß von klimaschädlichen Treibhausgasen sind ein effizienter Weg, um den Umstieg auf ein nachhaltiges Wachstumsmodell und die gesetzten Klimaziele zu erreichen. Trotz der Einführung von CO2-Preisen für Emissionen in Deutschland und Europa sind große Bereiche noch...

Sanctions and their effectiveness are at the centre of the discussion about an appropriate response to Russia’s war of aggression against Ukraine. At the latest since the atrocities of the war became evident and payment for gas supplies in roubles was brought into play, voices calling for a...