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Measures to enhance the success of global climate treaties.
- Source :
- International Environmental Agreements: Politics, Law & Economics; Mar2007, Vol. 7 Issue 1, p73-97, 25p
- Publication Year :
- 2007
-
Abstract
- Abstract??We analyze important forces that hamper the formation of successful self-enforcing agreements to mitigate global warming from an economic point of view. The analysis combines two modules: (a) an integrated assessment model that captures the feedback between the economy, environmental damages and the climate system and (b) a game theoretic model that determines stable coalitions in the presence of free-riding incentives. We consider two types of measures to enhance the success of international environmental treaty-making: (a) transfers, aiming at balancing asymmetric gains from cooperation; (b) institutional changes, aiming at making it more difficult to upset stability of a treaty. We find that institutional changes may be as important as transfers and should therefore receive more attention in future international negotiations. [ABSTRACT FROM AUTHOR]
- Subjects :
- GLOBAL warming
CLIMATOLOGY
GLOBAL temperature changes
TREATIES
ENVIRONMENTAL policy
Subjects
Details
- Language :
- English
- ISSN :
- 15679764
- Volume :
- 7
- Issue :
- 1
- Database :
- Complementary Index
- Journal :
- International Environmental Agreements: Politics, Law & Economics
- Publication Type :
- Academic Journal
- Accession number :
- 24324381