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Consider a situation in which countries anticipate an international environmental agreement (IEA) to be in effect sometime in the future. What is the impact of the future IEA on current emissions after its announcement? We show that the answer to this question is ambiguous. We examine four types...
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games with continuous strategy space -- 13. Coalition models : a first approach -- 14. Coalition models : a second approach … -- 15. Coalition models : a third approach -- 16. Summary and conclusions …
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A standard result of coalition formation games is that stable coalitions are very small if the coalition plays Nash vis … coalition are possible if the marginal abatement cost is concave. The paper confirms this result, but shows that abatement … activities by large coalitions smaller than the grand coalition can be very small. This can be ‘repaired’ only by assuming that …
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