Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/74274 
Authors: 
Year of Publication: 
2005
Series/Report no.: 
Nota di Lavoro No. 41.2005
Publisher: 
Fondazione Eni Enrico Mattei (FEEM), Milano
Abstract: 
In terms of the number of signatories, one observes both large and small international environmental agreements. The theoretical literature, based on game theory, discusses different concepts and mechanisms for the stability of coalitions and has reached the conclusion that, under farsightedness, both large and small stable coalitions can occur. In the context of a repeated game, this implies that large stable coalitions can also be sustained over time by a simple trigger mechanism, for large enough discount factors. However, if changes in time implement changes in state, this conclusion does not hold anymore: only small stable coalitions can be sustained.
Subjects: 
IEA’s
Coalitional stability
Dynamics
JEL: 
Q2
C70
F42
Document Type: 
Working Paper

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