On the Core of an Economy with Multilateral and Multidimensional Environmental Externalities

Charles Figuieres and Magali Verdonck ()
Additional contact information
Magali Verdonck: Université Catholique de Louvain, CORE

Economics Bulletin, 2003, vol. 3, issue 3, 1-10

Abstract: For simple economic models of transfrontier pollution, Chander and Tulkens (1995) and (1997) have offered a formula for transfers to sustain international cooperation on a voluntary basis and which deter coalitionnal free-riding under some reasonable behaviours of countries not in the coalition. Their scheme rests on the assumption that pollution is a scalar. Relaxing this assumption, interesting interactions among pollutants arise that call for a new formula. In this paper we extend Chander and Tulkens formula for this more realistic multidimensional context, and thereby enhance the pratical and theoretical relevance of their seminal analysis.

Keywords: core (search for similar items in EconPapers)
JEL-codes: C7 H7 (search for similar items in EconPapers)
Date: 2003-03-08
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)

Downloads: (external link)
http://www.accessecon.com/pubs/EB/2003/Volume3/EB-02C70020A.pdf (application/pdf)

Related works:
Working Paper: On the Core of an Economy with Multilateral and Multidimensional Environmental Externalities (2003)
Working Paper: On the core of an economy with multilateral and multidimensional environmental externalities (2003)
Working Paper: On the core of an economy with multilateral and multidimensional environmental externalities (2003)
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:ebl:ecbull:eb-02c70020

Access Statistics for this article

More articles in Economics Bulletin from AccessEcon
Bibliographic data for series maintained by John P. Conley ().