EconPapers    
Economics at your fingertips  
 

International environmental agreements under endogenous uncertainty

Bruno Nkuiya, Walid Marrouch () and Eric Bahel ()

Working Papers from Virginia Polytechnic Institute and State University, Department of Economics

Abstract: This paper explores the implications of the possibility of a shift in environmental damages on the participation in environmental treaties. Using a two-period model where the probability of a regime shift increases with the first-period emissions, we examine the issue of coalition formation under both fixed and dynamic membership. Our analysis suggests that endogenous uncertainty may increase participation. Moreover, we find that full cooperation may be sustained, but only in the presence of endogenous uncertainty. Interestingly, when the shift in the environmental damage is large enough, the model provides a way to solve the "puzzle of small coalitions" found in the literature related to International Environmental Agreements (IEAs).

Keywords: International Environmental Agreements; Endogenous Uncertainty; Emissions; Shift in Damage. (search for similar items in EconPapers)
New Economics Papers: this item is included in nep-ene and nep-env
Date: 2011
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (3) Track citations by RSS feed

Downloads: (external link)
ftp://repec.econ.vt.edu/Papers/Bahel/IEAendonew.pdf First version, 2010 (application/pdf)
Our link check indicates that this URL is bad, the error code is: 500 Failed to connect to FTP server repec.econ.vt.edu: A connection attempt failed because the connected party did not properly respond after a period of time, or established connection failed because connected host has failed to respond.

Related works:
Journal Article: International Environmental Agreements under Endogenous Uncertainty (2015) 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:vpi:wpaper:e07-32

Access Statistics for this paper

More papers in Working Papers from Virginia Polytechnic Institute and State University, Department of Economics Contact information at EDIRC.
Bibliographic data for series maintained by Djavad Salehi-Isfahani ().

 
Page updated 2019-12-07
Handle: RePEc:vpi:wpaper:e07-32