Strategic information acquisition and the mitigation of global warming

Florian Morath

Journal of Environmental Economics and Management, 2010, vol. 59, issue 2, 206-217

Abstract: We consider the strategic role of uncertainty and information acquisition for the mitigation of global warming. Before the countries decide on their contribution to a mitigation of global warming, they may invest in information about the country-specific benefit of reductions of the emissions of greenhouse gases. We show that information acquisition has a substantial strategic value. Countries may prefer not to learn their benefit of climate protection even if information acquisition does not involve a direct cost. This strategic information choice may further decrease the efficiency of the public good provision.

Keywords: Environmental; public; goods; Private; provision; of; public; goods; Global; warming; Information; acquisition; Uncertainty (search for similar items in EconPapers)
Date: 2010
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Citations: View citations in EconPapers (13)

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Working Paper: Strategic information acquisition and the mitigation of global warming (2008)
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Persistent link: https://EconPapers.repec.org/RePEc:eee:jeeman:v:59:y:2010:i:2:p:206-217

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