Arbeitspapier

Participation in International Environmental Agreements: The Role of Timing and Regulation

We analyze the formation of self-enforcing international environmental agreements under the assumption that countries announce their participation either simultaneously or sequentially. It is shown that a sequential formation process opens up possibilities for strategic behavior of countries that may lead to inferior outcomes in terms of global abatement and welfare. We then analyze whether and under which conditions a regulator like an international organization, even without enforcement power, can improve upon globally suboptimal outcomes through coordination and moderation, given that recommendations must be Pareto-improving to all parties.

Sprache
Englisch

Erschienen in
Series: Nota di Lavoro ; No. 45.2005

Klassifikation
Wirtschaft
Noncooperative Games
Analysis of Collective Decision-Making: General
Public Goods
Environmental Economics: General
Thema
International environmental agreements
Timing of participation decision
Coalition theory
Role of international regulator

Ereignis
Geistige Schöpfung
(wer)
Finus, Michael
Rundshagen, Bianca
Ereignis
Veröffentlichung
(wer)
Fondazione Eni Enrico Mattei (FEEM)
(wo)
Milano
(wann)
2005

Handle
Letzte Aktualisierung
10.03.2025, 11:45 MEZ

Datenpartner

Dieses Objekt wird bereitgestellt von:
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Objekttyp

  • Arbeitspapier

Beteiligte

  • Finus, Michael
  • Rundshagen, Bianca
  • Fondazione Eni Enrico Mattei (FEEM)

Entstanden

  • 2005

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