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We investigate the formation of global climate agreements (= stable grand climate coalitions) in a model, in which climate policy takes the form of carbon emission taxation and fossil fuel and consumption goods are traded on world markets. We expand the model of Eichner and Pethig (2014) by...
Persistent link: https://www.econbiz.de/10010428830
Persistent link: https://www.econbiz.de/10010386491
We investigate the formation of global climate agreements (= stable grand climate coalitions) in a model, in which climate policy takes the form of carbon emission taxation and fossil fuel and consumption goods are traded on world markets. We expand the model of Eichner and Pethig (2014) by...
Persistent link: https://www.econbiz.de/10010462841
This paper compares stability of international environmental agreements for six different rules of coalition formation … coalitions. From a policy perspective, counterintuitively, it turns out that stability is higher under exclusive than under open … membership and stability increases with the degree of unanimity. We discuss the policy implications of our result for future …
Persistent link: https://www.econbiz.de/10011591895
Persistent link: https://www.econbiz.de/10010207913
We present typical scenarios and general insights from a novel dynamic model of farsighted climate coalition formation involving market linkage and cap coordination, using a simple analytical model of the underlying cost-benefit structure. In our model, the six major emitters of CO2 can link...
Persistent link: https://www.econbiz.de/10009756287
Persistent link: https://www.econbiz.de/10010381395
We investigate whether global cooperation for emission abatement can be improved if asymmetric countries can sign different parallel environmental agreements. The analysis assumes a two-stage game theoretical model. Conditions for self-enforcing sets of agreements and the resulting total...
Persistent link: https://www.econbiz.de/10011283164
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