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concept of internal and external stability to a cartel formation game. It is shown that only if benefits from global abatement … theory. …
Persistent link: https://www.econbiz.de/10011591872
from the standard assumption of joint welfare maximization of coalition members, implying ambitious abatement targets and …
Persistent link: https://www.econbiz.de/10011602768
This paper compares stability of international environmental agreements for six different rules of coalition formation …
Persistent link: https://www.econbiz.de/10011591895
the coalition information exchange decreases until a minimum participation consisting of three countries is reached. We … also find that the grand coalition is stable if the countries sign an international research joint venture but in this case …
Persistent link: https://www.econbiz.de/10010344228
developing countries) enter a coalition only if they do not have to reduce as much. While equity preferences improve upon the … in population size and per capita emissions, generally no coalition will be stable without restrictions on entry into or … exit out of a coalition. In such a situation, equity-orientation does not improve upon the prospects for cooperation. …
Persistent link: https://www.econbiz.de/10011598232
We investigate whether global cooperation for emission abatement can be improved if asymmetric countries can sign different parallel environmental agreements. The analysis assumes a two-stage game theoretical model. Conditions for self-enforcing sets of agreements and the resulting total...
Persistent link: https://www.econbiz.de/10011283164
We analyze with an integrated assessment model of climate change the formation of interna-tional environmental agreements (IEAs) by applying the widely used concept of inter-nal & external stability and several modifications of it. We relax the assumptions of a single agreement and open...
Persistent link: https://www.econbiz.de/10011592755
This paper provides a quantitative comparison of the main architectures for an agreement on climate policy. Possible successors to the Kyoto protocol are assessed according to four criteria: economic efficiency; environmental effectiveness; distributional implications; and their political...
Persistent link: https://www.econbiz.de/10008798525
Persistent link: https://www.econbiz.de/10011600452
coalition, and regions which have the highest claims according to the respective sharing rule. Furthermore, we find that a …
Persistent link: https://www.econbiz.de/10011603652