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The Kyoto Protocol is an example of how not to construct a treaty. Negotiators began by focusing on the short term, agreeing that the industrialized countries should cut their emissions of greenhouse gases by about 5% relative to 1990 by 2008–2012. Then they agreed that these cuts should...
Persistent link: https://www.econbiz.de/10004990494
Persistent link: https://www.econbiz.de/10004965582
Using a dynamic model of the control of an infectious disease, we derive the conditions under which eradication will be optimal. When eradication is feasible, the optimal program requires either a low vaccination rate or eradication. A high vaccination rate is never optimal. Under special...
Persistent link: https://www.econbiz.de/10005004416
Emissions of CO2 and other greenhouse gases can be reduced significantly using existing technologies, but stabilizing concentrations will require a technological revolution--a "revolution" because it will require fundamental change, achieved within a relatively short period of time. Inspiration...
Persistent link: https://www.econbiz.de/10005014607
An infectious disease can only be eradicated globally if it is eliminated in every country. But does this require only international coordination, or does it require cooperation? Using a model that blends epidemiology, economics, and game theory, this paper shows that coordination will not...
Persistent link: https://www.econbiz.de/10005075789
This paper explains why the approach taken so far to mitigate global climate change has failed. The central reason is an inability to enforce targets and timetables. Current proposals recommending even stricter emission limits will not help unless they are able to address the enforcement...
Persistent link: https://www.econbiz.de/10005082968
This paper explains why the approach taken so far to mitigate global climate change has failed. The central reason is an inability to enforce targets and timetables. Current proposals recommending even stricter emission limits will not help unless they are able to address the enforcement...
Persistent link: https://www.econbiz.de/10005083424
Effective management of international environmental resources requires cooperation, and in practice cooperation is usually codified in international environmental agreements (IEAs). The essential feature of IEAs is that they cannot be enforced by a third party. This paper explores the properties...
Persistent link: https://www.econbiz.de/10005578308
Treaties seeking to supply transnational public goods are usually modeled as a game in which cooperation is incomplete, with some countries participating and some not. This paper shows that, if the usual rationality concept is weakened somewhat, countries will often do better by negotiating a...
Persistent link: https://www.econbiz.de/10005581967
Persistent link: https://www.econbiz.de/10005684336