International Environmental Agreement: a Dynamic Model of Emissions Reduction

Marta Biancardi () and Andrea Di Liddo ()

Quaderni DSEMS from Dipartimento di Scienze Economiche, Matematiche e Statistiche, Universita' di Foggia

Abstract: We model an International Environmental Agreement as a two stages game: during the first stage each country decides whether or not to join the agreement while, in the second stage, the quantity of emissions reduction is choosen. Players determine their abatement levels in a dynamic setting, given the dynamics of pollution stock and the strategies of other countries. Players may act cooperatively, building coalitions and acting according to the interest of the coalition, or they make their choices taking care of their individual interest only. Countries can behave myopically or in a farsighted way. As a consequence, the size of stable coalition can completely change. A continuous time framework is choosen in the present paper and consequently the problem is studied by a differential game.

Keywords: IEA; Differential games; Coalition stability. (search for similar items in EconPapers)
Pages: 17 pages
Date: 2008-09
New Economics Papers: this item is included in nep-cdm, nep-ene, nep-env and nep-gth
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
http://www.economia.unifg.it/sites/sd01/files/alle ... -11-2016/q132008.pdf (application/pdf)
Our link check indicates that this URL is bad, the error code is: 404 Not Found (http://www.economia.unifg.it/sites/sd01/files/allegatiparagrafo/29-11-2016/q132008.pdf [302 Found]--> https://www.economia.unifg.it/sites/sd01/files/allegatiparagrafo/29-11-2016/q132008.pdf)

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:ufg:qdsems:13-2008

Access Statistics for this paper

More papers in Quaderni DSEMS from Dipartimento di Scienze Economiche, Matematiche e Statistiche, Universita' di Foggia Largo Papa Giovanni Paolo II, 1 -71100- Foggia (I). Contact information at EDIRC.
Bibliographic data for series maintained by Luca Grilli ().