Coordinating to Protect the Global Climate
Alessandro Tavoni ()
Review of Environment, Energy and Economics - Re3, 2012
Abstract:
Efforts to provide global public goods clash with the challenges of coordinating contributions and distributing costs equitably. In this experimental setting, the researchers distribute endowments unequally among a group of people who can reach a target sum through successive contributions. Results suggest that coordination-promoting institutions and early redistribution are decisive for the avoidance of global calamities.
Keywords: Climate; Change (search for similar items in EconPapers)
JEL-codes: Q5 (search for similar items in EconPapers)
Date: 2012
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Persistent link: https://EconPapers.repec.org/RePEc:fem:femre3:2012.04-01
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