EconStor >
Technische Universität Braunschweig >
Institut für Volkswirtschaftslehre, Technische Universität Braunschweig >
Economics Department Working Paper Series, TU Braunschweig  >

Please use this identifier to cite or link to this item:
Title:An international agreement with full participation to tackle the stock of greenhouse gases PDF Logo
Authors:Kratzsch, Uwe
Sieg, Gernot
Stegemann, Ulrike
Issue Date:2011
Series/Report no.:Economics Department Working Paper Series 11
Abstract:This paper analyzes greenhouse gas emissions that build up an atmospheric stock which depreciates over time. Weakly renegotiation- proof and subgame perfect equilibria in a game of international emission reduction exist if countries put a sufficiently high weight on future payoffs, even though there is a discontinuity in the required discount factor due to the integrity of the number of punishing countries. Treaties are easier to reach if the gas depreciates slowly.
Subjects:global warming
international agreement
weak renegotiation-proofness
Document Type:Working Paper
Appears in Collections:Economics Department Working Paper Series, TU Braunschweig

Files in This Item:
File Description SizeFormat
663609720.pdf3.42 MBAdobe PDF
No. of Downloads: Counter Stats
Download bibliographical data as: BibTeX
Share on:

Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.