Coalition Strategies and Reduction of GHG Emissions

Vihang Patel
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Vihang Patel: Indian Institute of Technology,Kharagpur

Game Theory and Information from University Library of Munich, Germany

Abstract: The Flexible Mechanisms articulated in the Kyoto Protocol provide a robust framework for emission reduction issue in a manner that is not just economically efficient, but is also pro-growth for trade. In the presence of liquid or illiquid markets, to attain higher value from the emission trading, we have shown that coalition strategies provide a pertinent alternative to production optimization measures which may not be feasible at times. The whole game is analyzed taking a resource based view of the strategic factor markets. We have also illustrated the measures needed to provide stability to the coalitions and hence the coalition strategies.

Keywords: coalition; strategy; game theory; emission; environment; resource based view; strategic factor market (search for similar items in EconPapers)
JEL-codes: C7 D8 (search for similar items in EconPapers)
Pages: 16 pages
Date: 2005-01-19
New Economics Papers: this item is included in nep-ene, nep-env, nep-gth and nep-res
Note: Type of Document - pdf; pages: 16
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Persistent link: https://EconPapers.repec.org/RePEc:wpa:wuwpga:0501002

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