 International Environmental Agreements: Doomed to Fail or Destined to Succeed? A Review of the LiteratureWalid Marrouch () and Amrita Ray Chaudhuri International Review of Environmental and Resource Economics, 2016, vol. 9, issue 3-4, 245-319 Abstract: We survey the economics literature on International Environmental Agreements (IEAs). We classify the extant literature into the following categories: pure IEA games without linkages, which focus on a single externality stemming from global pollution; IEA games with side payments and issue linkages, which consider carrot or stick mechanisms to lure cooperators or punish defectors; political economy models, which examine intra- and inter-governmental issues that affect international negotiations; design issues of IEAs; behavioral factors, which affect the willingness of countries to cooperate; and additional externalities resulting from open economy issues and adaptation, which interact with the global pollution externality and affect the free-riding incentives of countries. Based on this classification of the literature, we attempt to identify conditions under which an international environmental agreement would be sustainable and effective. Keywords: International environmental agreements; coalition formation; transboundary pollution; climate change (search for similar items in EconPapers) Downloads: (external link) Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: https://EconPapers.repec.org/RePEc:now:jirere:101.00000078 Access Statistics for this article More articles in International Review of Environmental and Resource Economics from now publishers |
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