This paper analyses the importance of informational asymmetries in international environmental regulation by use of a game theoretic approach of signalling games.

The Kyoto Protocol of December 1997 allows emission trade between countries that have committed themselves to an emission ceiling. This paper considers two schemes of emission trading: trade between goverments and trade between emision sources. The two schemes are analyzed and the strengths and...

This paper is concerned with trade stratedic implications of environmental policy between two countries when there are two oligopolistic markets in each of which producers are located in a separate country.