Debates over post-Kyoto Protocol climate change policy often take note of two issues: the feasibility and desirability of international cooperation on climate change policies, given the failure of the United States to ratify Kyoto and the very limited involvement of developing countries, and the...

Introductory notions -- The reference economic-ecological model -- Economic theory concepts -- Game theory concepts -- The global externality game (GEG) -- The dynamic GEG -- The dynamic GEG in numbers -- Coalitional stability in the GEG -- Policy and diplomacy: a GEG interpretation of the...

Two theses on the likelihood of international co-operation for achieving international optimality in transboundary pollution problems are being confronted: a pessimistic one and an optimistic one. On the one hand a "Small Stable Coalitions" (SSC) thesis — based on the stability of coalitions...

In this paper we test empirically with the Nordhaus and Yang (1996) RICE model the core property of the transfer scheme advocated by Germain, Toint and Tulkens (1997). This scheme is designed to sustain full co-operation in a voluntary international environmental agreement by making all...

Calling upon both positive and normative economics, we attempt to characterise the issues at stake in the current international negotiations on climatic change. We begin (Section 2) by reviewing the main features of the Protocol. Then (Section 3), we identify by means of an elementary economic...

The paper proves the existence and uniqueness of a noncooperative steady state in the context of a model of climate change. It also explores the possibility of cooperation and attainment of an optimal steady state. It is shown that the problem is similar to that in the static model (Chander and...

In this paper we introduce the CLIMNEG World Simulation (CWS) model for simulating cooperative game theoretic aspects of global climate negotiations. The model is derived from the seminal RICE model by Nordhaus and Yang (1996). We first state the necessary conditions that determine optimal...

In this paper we test empirically with the Nordhaus and Yang (1996) RICE model the core property of the transfer scheme advocated by Germain, Toint and Tulkens (1997). This scheme is designed to sustain full cooperation in a voluntary international environmental agreement by making all countries...