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The US decision not to ratify the Kyoto Protocol and the recent outcomes of the Bonn and Marrakech Conferences of the Parties drastically reduces the effectiveness of the Kyoto Protocol in controlling GHG emissions. The reason is not only the reduced emission abatement in the US, but also the...
Persistent link: https://www.econbiz.de/10005661540
, participation and optimal policy should be jointly analysed. Moreover, our results show that the US, Russia and China have different …
Persistent link: https://www.econbiz.de/10005661962
This Paper provides a first applied game theory analysis of a technology-based climate protocol by assessing: (i) the self-enforcement (namely, the absence of incentives to free ride) of the coalition that would form when countries negotiate on climate-related technological cooperation; (ii) the...
Persistent link: https://www.econbiz.de/10005791506
Many international treaties come into force only after a minimum number of countries have signed and ratified the treaty. Why do countries agree to introduce a minimum participation constraint among the rules characterizing an international treaty? This question is particularly relevant in the...
Persistent link: https://www.econbiz.de/10005123732
The US decision not to ratify the Kyoto Protocol and the recent outcomes of the Bonn and Marrakech Conferences of the Parties has important implications for both the effectiveness and the efficiency of future climate policies. Among these implications, those related with technical change and...
Persistent link: https://www.econbiz.de/10005124246
free-riding incentives is a policy mix in which global emission trading is coupled with a transfer mechanism designed to …
Persistent link: https://www.econbiz.de/10005136584
policies. This policy approach is explicitly bottom-up, namely it gives each country the freedom to sign agreements and deals … paper aims at exploring whether a different policy approach could lead more countries to adopt effective climate control … provides a game-theoretic assessment of this policy approach and then evaluates empirically the possible endogenous emergence …
Persistent link: https://www.econbiz.de/10005114398
How many cartels are there? The answer is important in assessing the efficiency of competition policy. We present a … industry or not. Our model identifies key policy parameters from data generated under different competition policy regimes and …
Persistent link: https://www.econbiz.de/10008468608
In this article the authors explore, in a preliminary way, some of the effects of learning-by-doing on the structure, conduct and performance of an industry. Learning is seen as a decline in a firm's unit production cost as a consequence of an increase in its cumulative production experience....
Persistent link: https://www.econbiz.de/10005281306
I study the constrained efficient allocations of a simple model of risk sharing and capital flows across countries assuming that each country cannot commit to fully repay its contract obligations. In the model, the degree of risk sharing and the amount of investment are interdependent. It is...
Persistent link: https://www.econbiz.de/10005504378