Arbeitspapier

International environmental agreements under uncertainty: does the veil of uncertainty help?

Na and Shin (1998) showed that the veil of uncertainty can be conducive to the success of self-enforcing international environmental agreements. Later papers confirmed this negative conclusion about the role of learning. In the light of intensified research efforts worldwide to reduce uncertainty about the environmental impact of emissions and the cost of reducing them, this conclusion is intriguing. The purpose of this paper is threefold. First, we analyze whether the result carries over to a more general setting without restriction on the number of players and which considers not only no and full learning but also partial learning. Second, we test whether the conclusion also holds if there is uncertainty about abatement costs instead of uncertainty about the benefits from global abatement. Third, we propose a transfer scheme that mitigates the possible negative effect of learning and which may even transform it into a positive effect.

Sprache
Englisch

Erschienen in
Series: Nota di Lavoro ; No. 2010,79

Klassifikation
Wirtschaft
Noncooperative Games
Externalities
Criteria for Decision-Making under Risk and Uncertainty
Public Goods
Renewable Resources and Conservation: General
Thema
Transnational Cooperation
Self-enforcing International Environmental Agreements
Uncertainty
Learning

Ereignis
Geistige Schöpfung
(wer)
Finus, Michael
Pintassilgo, Pedro
Ereignis
Veröffentlichung
(wer)
Fondazione Eni Enrico Mattei (FEEM)
(wo)
Milano
(wann)
2010

Handle
Letzte Aktualisierung
10.03.2025, 11:42 MEZ

Datenpartner

Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.

Objekttyp

  • Arbeitspapier

Beteiligte

  • Finus, Michael
  • Pintassilgo, Pedro
  • Fondazione Eni Enrico Mattei (FEEM)

Entstanden

  • 2010

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