FEEM working papers "Note di lavoro" series
2016 .040

COP 21 and Economic Theory: Taking Stock


Authors: Henry Tulkens
Series: Economic Theory
Editor: Carlo Carraro
Keywords: Economic and Game Theory Concepts, International Climate Agreements, Voluntary Cooperation, Greenhouse Gas Emissions, Transfers
JEL n.: F02, F55,H40, H87,Q52, Q54

Abstract

The texts of the COP 21 Decision and its Annex are scrutinized from the particular point of view of the extent to which economic theoretic concepts can be considered to inspire them. While this is shown to be partially the case in some of the intentions, the texts themselves contain more diplomatically formulated promises than implementation of mainstream well established economic concepts.

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Suggested citation: Tulkens, H., (2016), 'COP 21 and Economic Theory: Taking Stock', Nota di Lavoro 40.2016, Milan, Italy: Fondazione Eni Enrico Mattei

Forthcoming in Revue d'Économie Politique 126:3, Juin 2016, Paris, France

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