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We combine the newest concepts o non-cooperative coalition theory with a computable general equilibrium model close to … the seminal RICE-model of Nordhaus and Yang (1996) to determine stable coalition structures in a global warming game. We … consider three coalition games that allow for the formation of multiple coalitions. The coalition games represent different …
Persistent link: https://www.econbiz.de/10014051299
Recent contributions to the theoretical and experimental literature suggest that minimum participation rules (MPRs) are able to reduce free-riding incentives and may facilitate cooperation (or at least coordination) at the extensive margin of international environmental agreements. Based on a...
Persistent link: https://www.econbiz.de/10010477133
&D provision produces two types of positive externalities, a global public good (i.e., reduction of carbon dioxide emissions) and … spillovers in technology agreements. We utilize the coalition-proof concept to refine the set of Nash equilibria and identify …
Persistent link: https://www.econbiz.de/10014038214
environmental agreements ; coalition formation ; transboundary pollution ; environmental policy coordination …
Persistent link: https://www.econbiz.de/10003883288
Why do lawyers in some jurisdictions continue to ‘automatically’ exclude the 1980 UN Convention on Contracts for the International Sale of Goods (CISG) in their choices of law for international sales contracts? Why do lawyers in other jurisdictions approach the decision very differently? Why...
Persistent link: https://www.econbiz.de/10014192105
Almost all international environmental agreements include a minimum participation rule. Under such a rule an agreement becomes legally binding if and only if a certain threshold in terms of membership or contribution is reached. We analyze a cartel game with open membership and heterogeneous...
Persistent link: https://www.econbiz.de/10010330092
Persistent link: https://www.econbiz.de/10001724797
Persistent link: https://www.econbiz.de/10001910304
Coalition-formation is an important tool to leverage countries' bargaining power in GATT/WTO negotiations. Unlike the …-linear models show that the relationship between GDP and coalition entry has a linear shape. Large economies join coalitions more …
Persistent link: https://www.econbiz.de/10013023594
This paper analyses endogenous formation of technology sharing coalitions with asymmetric firms. Coalition partners … market. The equilibrium coalition outcome is either between the two most efficient firms, or a coalition with all three firms …. The two-firm coalition is the preferred outcome of a welfare maximising authority if ex ante marginal cost is sufficiently …
Persistent link: https://www.econbiz.de/10003918993