Evolution in time of Farsightedly Stable Coalitions: An Application of FUND

Dritan Osmani and Richard Tol

No FNU-162, Working Papers from Research unit Sustainability and Global Change, Hamburg University

Abstract: Game theory is used to analyze the formation and stability of coalitions for environmental protection. The paper extends further our previous research on farsightedly stable coalitions and preferred farsightedly stable coalitions (Osmani & Tol 2007a). The integrated assessment model FUND provides data for di®erent time horizons as well as the cost-bene¯t function of pollution abatement. This allows for analysis of the evolution in time of farsightedly stable coalitions and their improvement to environment and welfare. Considering multiple farsightedly stable coalitions, the participation in coalitions for environmental protection is signi¯cantly increased, which is a positive result of our game theoretical approach. But the farsighted behavior can not be sustained for a long term which implies that we can not have big coalitions for environmental protection even in "a farsighted world".

Keywords: game theory; integrated assessment modeling; farsighted stability; coalition formation (search for similar items in EconPapers)
JEL-codes: C02 C72 H41 (search for similar items in EconPapers)
Pages: 57 pages
Date: 2008-05, Revised 2008-05
New Economics Papers: this item is included in nep-env and nep-gth
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (3)

Downloads: (external link)
http://www.fnu.zmaw.de/fileadmin/fnu-files/publica ... ani_Tol_FNU--162.pdf First version, 2008 (application/pdf)
Our link check indicates that this URL is bad, the error code is: 500 Can't connect to www.fnu.zmaw.de:80 (No such host is known. )

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:sgc:wpaper:162

Access Statistics for this paper

More papers in Working Papers from Research unit Sustainability and Global Change, Hamburg University Contact information at EDIRC.
Bibliographic data for series maintained by Uwe Schneider ( this e-mail address is bad, please contact ).