In this paper, we discuss the implications of financing constraints for future energy and climate scenarios. Aspirations to improve energy access and electrification rates in developing countries, while simultaneously reducing greenhouse gas emissions, can be seriously hindered by the...

This paper investigates the existence of correlated equilibria of a shareholder voting game. It is shown that there exists a correlated equilibrium component where a minimum winning coalition (MWC) of the supporters of status quo and a dominant shareholder vote with strictly positive...