EconPapers    
Economics at your fingertips  
 

Stable International Environmental Agreements: An Analytical Approach

Effrosyni Diamantoudi () and Eftichios Sartzetakis ()

No 4001, Working Papers from Concordia University, Department of Economics

Abstract: In this paper we examine the formation of International Environmental Agreements (IEAs). We show that the welfare of the signatories does not increase monotonically with respect to the number of signatories. We provide an analytical solution of the leadership model. In particular, we find that the unique stable IEA consist of either two, three or four signatories if the number of countries is greater than 4. Furthermore, we show that the welfare of the signatories is almost at its lowest level when the IEA is stable. While in our model countries’ choice variable is emissions, we extend our results to the case where the choice variable is abatement efforts.

Date: 2001-10, Revised 2003-02
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (5) Track citations by RSS feed

Downloads: (external link)
http://economics.concordia.ca/documents/working_papers/04001ed.pdf (application/pdf)
Our link check indicates that this URL is bad, the error code is: 404 Not Found (http://economics.concordia.ca/documents/working_papers/04001ed.pdf [301 Moved Permanently]--> http://www.concordia.ca/artsci/economics.htmldocuments/working_papers/04001ed.pdf)

Related works:
Journal Article: Stable International Environmental Agreements: An Analytical Approach (2006) Downloads
Working Paper: Stable International Environmental Agreements: An Analytical Approach (2002) Downloads
Working Paper: Stable International Environmental Agreements: An Analytical Approach 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:crd:wpaper:04001

Access Statistics for this paper

More papers in Working Papers from Concordia University, Department of Economics Contact information at EDIRC.
Bibliographic data for series maintained by Economics Department ().

 
Page updated 2019-11-16
Handle: RePEc:crd:wpaper:04001