This paper investigates the coalitional stability of the 1997~Kyoto Protocol on the emissions of greenhouse gases. Unlike conventional coalition stability tests we assume that potential deviators are farsighted in the sense of Chwe~(1994) and take into account possible subsequent deviations by...

We build a structural model to understand the fine set in court, which is described as the outcome of a two-stage game between defendant, public prosecutor and judge. The equilibrium fine depends on the harm caused, the costs to society and the probalility that the quilty party is punished. This...

This paper examines equity and efficiency properties of voluntary international environmental agreements. A classical welfare economics framework is used while focusing on one particular instrument, i.e. emissions trading. It is demonstrated that if emission permit allocations face no...

For the implementation of the Kyoto Protocol, governments of annex I countries need to develop strategies and policies for greenhouse gas reduction. Land use, land use change and forestry (LULUCF) offer CO2 emission reduction opportunities both home and abroad. Selection of effective forestry...

In this paper we study how trip chaining affects the pricing and equilibrium number of firms. We use a monopolistic competition model where firms offer differentiated products as well as differentiated jobs to households who are all located at some distance from the firms. Trip chaining means...

This paper develops a model for the monopolistic competition of subcenters for the shoppers and workers of a central city. The model is an extension of the de Palma & Proost (2004) model that is limited to the symmetric case. Inhabitants of a CBD can choose one of the subcenters to buy a...

The paper studies a regional environmental tax reform in a federal state. In a model with immobile labour, mobile capital and mobile polluting input in the production function, one region increases its pollution taxes and recycles the excess tax revenues by lowering either pre-existing...

Speed limits are a well-known instrument to improve traffic safety. However, speed limits alone are not enough; there is need for enforcement of these limits. When one observes fine structures for speed offences one often finds two characteristics. First, the fine increases with the severity of...

We combine the newest concepts of 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...