Toward Farsightedly Stable International Environmental Agreements, Part two

Dritan Osmani and Richard Tol

No FNU-149, Working Papers from Research unit Sustainability and Global Change, Hamburg University

Abstract: We investigate the stability of International Environmental Agreements (IEA) by applying game theory. The paper extends further our previous research on farsightedly stable coalitions and preferred farsightedly stable coalitions (Osmani & Tol 2007). The integrated assessment model FUND provides the cost-bene¯t payo® functions of pollution abatement for sixteen di®erent world regions. The stability concept of d'Aspremont et al. (1983) and farsighted stability of Chwe (1994) are compared. The d'Aspremont stability assumes that players are myopic while the farsighted stability concept captures the perfect foresight of the players and predicts which coalitions can be formed when players are farsighted. All farsightedly stable and D'Aspremont stable coalitions are found and their improvement to environment and welfare are computed.

Keywords: game theory; integrated assessment modeling; farsighted stability; D'Aspremont stability; coalition formation (search for similar items in EconPapers)
JEL-codes: C02 C72 H41 (search for similar items in EconPapers)
Pages: 24 pages
Date: 2007-10, Revised 2007-10
New Economics Papers: this item is included in nep-env and nep-gth
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (4)

Downloads: (external link)
http://www.fnu.zmaw.de/fileadmin/fnu-files/publica ... mani_Tol_FNU-149.pdf First version, 2007 (application/pdf)
Our link check indicates that this URL is bad, the error code is: 500 Can't connect to www.fnu.zmaw.de:80 (No such host is known. )

Related works:
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:sgc:wpaper:149

Access Statistics for this paper

More papers in Working Papers from Research unit Sustainability and Global Change, Hamburg University Contact information at EDIRC.
Bibliographic data for series maintained by Uwe Schneider ( this e-mail address is bad, please contact ).