DIAMANTOUDI, EFFROSYNI; SARTZETAKIS, EFTICHIOS S. - In: Journal of Public Economic Theory 8 (2006) 2, pp. 247-263
In this paper we examine the formation of international environmental agreements (IEAs). We show that the welfare of the signatories does not increase monotonically with respect to the number of signatories. We provide an analytical solution of the leadership model. In particular, we find that...