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Dynamic Core-Theoretic Cooperation in a Two-Dimensional International Environmental Model

Marc Germain, Henry Tulkens and Alphonse Magnus

No 50467, Sustainable Development Papers from Fondazione Eni Enrico Mattei (FEEM)

Abstract: This article deals with cooperation issues in international pollution problems in a two dimensional dynamic framework implied by the accumulation of the pollutant and of the capital goods. Assuming that countries do reevaluate at each period the advantages to cooperate or not given the current stocks of pollutant and capital, and under the assumption that damage cost functions are linear, we define at each period of time a transfer scheme between countries, which makes cooperation better for each of them than non-cooperation. This transfer scheme is also strategically stable in the sense that it discourages partial coalitions.

Keywords: Environmental; Economics; and; Policy (search for similar items in EconPapers)
Pages: 24
Date: 2009
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Citations: View citations in EconPapers (1)

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Related works:
Journal Article: Dynamic core-theoretic cooperation in a two-dimensional international environmental model (2010) Downloads
Working Paper: Dynamic core-theoretic cooperation in a two-dimensional international environmental model (2010)
Working Paper: Dynamic core-theoretic cooperation in a two-dimensional international environmental model (2009) Downloads
Working Paper: Dynamic Core-Theoretic Cooperation in a Two-Dimensional International Environmental Model (2009) Downloads
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Persistent link: https://EconPapers.repec.org/RePEc:ags:feemdp:50467

DOI: 10.22004/ag.econ.50467

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