Pre-Negotiation for an International Emission Reduction Game
Data
01.01.2002
01.01.2002
Autori
Haruo Imai, Mayumi Horie
Codice JEL
C78
C78
Parole chiave:
Prenegotiation,coalition formation,international emission reduction game
Prenegotiation,coalition formation,international emission reduction game
Publisher
Climate Change and Sustainable Development
Climate Change and Sustainable Development
Editor
Carlo Carraro
Carlo Carraro
Based on a result due to Ray and Vohra showing the possibility of inefficiency due to a coalition formation in an international emission reduction game, we consider a possibility of negotiation preceding the negotiation stage, and by means of an example, indicate that the efficiency is restored. In the equilibrium obtained, we observe a potential in which different set of coalition arises in the two stages, which could help explain what is going on in the international negotiation.