International environmental agreements: coordinated action under foresight

Verfasser / Beitragende:
[Effrosyni Diamantoudi, Eftichios Sartzetakis]
Ort, Verlag, Jahr:
2015
Enthalten in:
Economic Theory, 59/3(2015-08-01), 527-546
Format:
Artikel (online)
ID: 605475857
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024 7 0 |a 10.1007/s00199-014-0837-8  |2 doi 
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245 0 0 |a International environmental agreements: coordinated action under foresight  |h [Elektronische Daten]  |c [Effrosyni Diamantoudi, Eftichios Sartzetakis] 
520 3 |a We examine the formation of international environmental agreements (IEAs). We extend the existing literature by endogenizing the reaction of the IEA's members to a deviation by a group of members. We assume that when a group of countries contemplates exiting or joining an agreement, it takes into account the reactions of other countries ignited by its own actions. We identify conditions under which the solution always exists and fully characterize the coalitionally farsighted stable IEAs. The new farsighted IEAs can be much larger than those some of the previous models supported and are always Pareto efficient. 
540 |a Springer-Verlag Berlin Heidelberg, 2014 
690 7 |a Environmental agreements  |2 nationallicence 
690 7 |a Foresight  |2 nationallicence 
690 7 |a Stable set  |2 nationallicence 
700 1 |a Diamantoudi  |D Effrosyni  |u Department of Economics, Concordia University, 1455 De Maisonneuve Blvd West, H3G 1M8, Montreal, QC, Canada  |4 aut 
700 1 |a Sartzetakis  |D Eftichios  |u Department of Economics, University of Macedonia, Thessaloníki, Greece  |4 aut 
773 0 |t Economic Theory  |d Springer Berlin Heidelberg  |g 59/3(2015-08-01), 527-546  |x 0938-2259  |q 59:3<527  |1 2015  |2 59  |o 199 
856 4 0 |u https://doi.org/10.1007/s00199-014-0837-8  |q text/html  |z Onlinezugriff via DOI 
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900 7 |a Metadata rights reserved  |b Springer special CC-BY-NC licence  |2 nationallicence 
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950 |B NATIONALLICENCE  |P 700  |E 1-  |a Diamantoudi  |D Effrosyni  |u Department of Economics, Concordia University, 1455 De Maisonneuve Blvd West, H3G 1M8, Montreal, QC, Canada  |4 aut 
950 |B NATIONALLICENCE  |P 700  |E 1-  |a Sartzetakis  |D Eftichios  |u Department of Economics, University of Macedonia, Thessaloníki, Greece  |4 aut 
950 |B NATIONALLICENCE  |P 773  |E 0-  |t Economic Theory  |d Springer Berlin Heidelberg  |g 59/3(2015-08-01), 527-546  |x 0938-2259  |q 59:3<527  |1 2015  |2 59  |o 199