The Principle of Fairness: A Game Theoretic Model
Luciano Andreozzi
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Luciano Andreozzi: University of Trento
Chapter 19. in Power, Freedom, and Voting, 2008, pp 365-383 from Springer
Abstract:
Abstract The history of international agreements aimed at environmental protection offers a mix of successes and failures, with the latter being far more frequent than the former. The best known example is the Kyoto protocol: a treatise signed by over 160 countries to reduce emissions of gasses held responsible for green-house effect. This agreement is usually considered to be a half failure, mostly because of the decision of the United States not to ratify it (Pizer 2006: 26). Other international treatises faced similar problems. For example, the Helsinki treaty for the reduction of emissions responsible for acid rains, signed in 1985 by a group of European and American countries, failed to be ratified by United States and United Kingdom (Barrett 2005).
Keywords: Nash Equilibrium; Public Good; Collective Action; Moral Intuition; Strategy Nash Equilibrium (search for similar items in EconPapers)
Date: 2008
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Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-3-540-73382-9_19
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DOI: 10.1007/978-3-540-73382-9_19
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