Bargaining and Climate Change Negotiations
Alejandro Caparrós ()
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Alejandro Caparrós: University of Durham
Chapter Chapter 13 in Bargaining, 2022, pp 271-291 from Springer
Abstract:
Abstract This chapter discusses the use of bargaining theory to analyze climate change negotiations. These negotiations have moved away from what was basically a burden-sharing agreement, the Kyoto Protocol, to a pledge and review process, the Paris Agreement. After highlighting that most available analyses are adequate to model the former, but not the latter, recent efforts to overcome this difficulty are discussed. Acknowledging this limitation, issues discussed include the role of a leader; the impact of key features of international negotiations, such as delegation and ratification; whether countries are likely to form groups during the negotiation process; the role of information asymmetries; and the influence of the expectation of a future bargaining process on investment decisions.
Date: 2022
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Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-3-030-76666-5_13
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DOI: 10.1007/978-3-030-76666-5_13
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