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Stable partial cooperation in managing systems with tipping points

Florian Wagener () and Aart de Zeeuw

Journal of Environmental Economics and Management, 2021, vol. 109, issue C

Abstract: Tipping of a natural system, entailing a loss of ecosystem services, may be prevented by stable partial cooperation. The presence of tipping points reverses the grim story that a high level of cooperation is hard to achieve and leaves large possible gains of cooperation. We investigate a tipping game with constant emissions and a piecewise linear response, and the well-known lake system with concave-convex dynamics and time-dependent emissions. Tipping back, leading to a gain in services, can also be induced by stable partial cooperation, but is harder to achieve. A physically reversible natural system may prove to be socially irreversible.

Keywords: Tipping points; Multiple Nash equilibria; Stable partial cooperation; Ecological systems (search for similar items in EconPapers)
JEL-codes: C70 Q20 (search for similar items in EconPapers)
Date: 2021
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Persistent link: https://EconPapers.repec.org/RePEc:eee:jeeman:v:109:y:2021:i:c:s0095069621000735

DOI: 10.1016/j.jeem.2021.102499

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Journal of Environmental Economics and Management is currently edited by M.A. Cole, A. Lange, D.J. Phaneuf, D. Popp, M.J. Roberts, M.D. Smith, C. Timmins, Q. Weninger and A.J. Yates

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