EconPapers    
Economics at your fingertips  
 

The Global Emission Game: On the Impact of Strategic Interactions Between Countries on the Existence and the Properties of Nash Equilibria

Mélanie Heugues ()

No 162563, Climate Change and Sustainable Development from Fondazione Eni Enrico Mattei (FEEM)

Abstract: In a context of laissez-faire, the propositions established in this paper shed light on the evolution of the problem of greenhouse gas (GHG) accumulation in the atmosphere for each type of strategic behaviour resulting from countries’ interconnection on global markets. In a framework of strong economic interdependencies, they show the potential consequences of the free trade arrangements on the environment and question the idea that free trade liberalisation should necessarily lead to an increase in countries’ welfare. This paper provides an exhaustive typology of countries’ strategic behaviours and a strong static comparative analysis with regard to the exogenous parameters of the model. Whereas some assumptions tend to be less relevant from an environmental point of view; others that are very relevant have not yet been considered in the literature. Using lattice theoretic notions, this paper generalizes the existing results of the literature and determines new equilibria not yet exploited. It thus extends the current framework of the traditional public economic theory dealing with public goods.

Keywords: Environmental; Economics; and; Policy (search for similar items in EconPapers)
Pages: 26
Date: 2013-12
References: Add references at CitEc
Citations: Track citations by RSS feed

Downloads: (external link)
https://ageconsearch.umn.edu/record/162563/files/NDL2013-108.pdf (application/pdf)

Related works:
Working Paper: The Global Emission Game: On the Impact of Strategic Interactions Between Countries on the Existence and the Properties of Nash Equilibria (2013) Downloads
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:ags:feemcl:162563

DOI: 10.22004/ag.econ.162563

Access Statistics for this paper

More papers in Climate Change and Sustainable Development from Fondazione Eni Enrico Mattei (FEEM) Contact information at EDIRC.
Bibliographic data for series maintained by AgEcon Search ().

 
Page updated 2021-03-28
Handle: RePEc:ags:feemcl:162563