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Results derived from empirical analyses on the stability of climate coalitions are usually very sensitive to the large uncertainties associated with the benefits and costs of climate policies. This paper provides the methodology of Stability Likelihood that links uncertainty about benefits and...
Persistent link: https://www.econbiz.de/10010312285
We empirically test stability of climate change coalitions with the STAbility of Coalitions model (STACO). The model comprises twelve world regions and captures important dynamic aspects of the climate change problem. We apply the stability concept of internal and external stability to a cartel...
Persistent link: https://www.econbiz.de/10011325097
International climate negotiations take place in a setting where uncertainties regarding the impacts of climate change are very large. In this paper, we examine the influence of increasing the probability and impact of large climate change damages, also known as the 'fat tail', on the formation...
Persistent link: https://www.econbiz.de/10010291562
Persistent link: https://www.econbiz.de/10001801077
Cooperation in international environmental agreements appears difficult to attain because of strong free riding incentives. This paper explores how different technology spillover mechanisms among regions can influence the incentive structures to join and stabilize an international agreement. We...
Persistent link: https://www.econbiz.de/10014222615
Persistent link: https://www.econbiz.de/10009389757
International climate negotiations take place in a setting where uncertainties regarding the impacts of climate change are very large. In this paper, we examine the influence of increasing the probability and impact of large climate change damages, also known as the 'fat tail', on the formation...
Persistent link: https://www.econbiz.de/10009690831
Persistent link: https://www.econbiz.de/10003356313
Persistent link: https://www.econbiz.de/10003362886
Persistent link: https://www.econbiz.de/10003295704