International treaties on global pollution: a dynamic time-path analysis

Parkash Chander

No 1998054, LIDAM Discussion Papers CORE from Université catholique de Louvain, Center for Operations Research and Econometrics (CORE)

Abstract: In this paper we show that the formation of coalitions by subsets of countries might diminish the likelihood of a successful world-wide treaty on global pollution. Non-member countries may be less willing to sign a world-wide treaty than they would be in the absence of such coalitions. In fact, the coalition formation may raise the reservation utility of non-member countries above the world-wide treaty level and thus take away their incentives to sign it.

Date: 1998-03-01
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Related works:
Working Paper: International treaties on global pollution: a dynamic time-path analysis (1999)
Working Paper: International Treaties on Global Pollution: A Dynamic Time-Path Analysis (1998)
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Persistent link: https://EconPapers.repec.org/RePEc:cor:louvco:1998054

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