We study the impact of collective effort in R&D in adaptation technologies, and also spillover effects on formation and size of stable international environmental agreements (IEAs). Our results suggest that it is possible to have more than one size of stable IEA. We can achieve a superior...

We analyze a transboundary pollution control problem in a heterogeneous two-country differential game in which each country's regulator cares for the implications of environmental policy on its competitiveness. We characterize and compare the noncooperative and the cooperative solutions, showing...