In light of the recently launched negotiations on the future of the international legal framework addressing global climate change, it is important to understand the effectiveness of elements of proposed legal architectures. This Article focuses on a potential key element of a future climate...

A consistent mapping of all complex ramifications (including direct and indirect effects) of variousgreenhouse policies in an open institutional economy requires the use of a general equilibriumframework. From the existing set of available equilibrium models we have selected the...