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Persistent link: https://www.econbiz.de/10005370581
Van Damme and Weibull (1998, 2002) model the noise in games as endogenously determined tremble probabilities, by assuming that with some effort players can control the probability of implementing the intended strategy. Following their methodology, we derive logit-like adjustment rules for games...
Persistent link: https://www.econbiz.de/10010845491
We consider the class of (finite) spatial games. We show that the problem of determining whether there exists a Nash equilibrium in which each player has a payoff of at least k is NP-complete as a function of the number of players. Copyright Springer-Verlag Berlin/Heidelberg 2004
Persistent link: https://www.econbiz.de/10005597847
Persistent link: https://www.econbiz.de/10009149574
China faces the dynamic of rapid economic development that drives ever increasing energy use, primarily electricity, and consequently increasing CO2 emissions. It has taken a pledge to curb its emissions intensity, and is exploring various policy approaches to fulfil that aim, including...
Persistent link: https://www.econbiz.de/10011007541
Sectoral approaches are proposed as a means to broaden the global scope of greenhouse gas (GHG) mitigation to developing countries. Market mechanisms are put forward in that context to create incentives for mitigation in developing countries beyond the existing Clean Development Mechanism (CDM),...
Persistent link: https://www.econbiz.de/10011276738
Market-based mechanisms offer a number of advantages to other regulatory approaches for GHG mitigation such as technology or performance standards and feed-in tariffs. Advantages include their ability to attain an emissions goal at lower cost and to create incentives for innovation among sources...
Persistent link: https://www.econbiz.de/10011276753
This paper reviews proposals for the design of sectoral and related market mechanisms that are being debated both in the UNFCCC negotiations and in different domestic legislative contexts. Decisions on the design and scope of the mechanisms in the UNFCCC negotiations would affect the future...
Persistent link: https://www.econbiz.de/10011276756
China faces the dynamic of rapid economic development that drives ever increasing energy use, primarily electricity, and consequently increasing CO2 emissions. It has taken a pledge to curb its emissions intensity, and is exploring various policy approaches to fulfil that aim, including...
Persistent link: https://www.econbiz.de/10012452772
Sectoral approaches are proposed as a means to broaden the global scope of greenhouse gas (GHG) mitigation to developing countries. Market mechanisms are put forward in that context to create incentives for mitigation in developing countries beyond the existing Clean Development Mechanism (CDM),...
Persistent link: https://www.econbiz.de/10012452812