The Stability of International Environmental Coalitions with Farsighted Countries: Some Theoretical Observations
Data
01.01.1997
01.01.1997
Autori
Marco Mariotti, Giulio Ecchia
Publisher
Climate Change and Sustainable Development
Climate Change and Sustainable Development
Editor
Carlo Carraro
Carlo Carraro
We study a three-country model of international environmental agreements where countries may choose either to limit their emissions or to behave noncooperatively. First, we provide a taxonomy of various kinds of strategic situations. Then, by applying some recently developed game-theoretic techniques, we show that if countries are “farsighted” then there is scope for self-enforcing cooperation in several such situations.