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This paper extends the standard model of self-enforcing dynamic international environmental agreements by allowing the length of the period of commitment of such agreements to vary as a parameter. It analyzes the pattern of behavior of the size of stable coalitions, the stock of pollution, and...
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There is now a growing consensus that ratifying International Environmental Agreements (IEAs) is the most effective way to tackle trans-boundary pollution problems. While the Social Benefit Function (SBF) critically affects emission choices as well as decisions to ratify IEAs, the related...
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This paper examines the formation of International Environmental Agreements (IEAs). The economic literature focuses on scenarios where countries are weakly sensitive to environmental damages (constant or linear marginal damages) and finds that stable coalitions are small when countries choose...
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