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Simulating coalitionally stable burden sharing agreements for the climate change problem

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  • Eyckmans, Johan
  • Tulkens, Henry

Abstract

The CLIMNEG world simulation (CWS) model is introduced here for simulating cooperative game theoretic aspects of global climate negotiations. The CWS model is derived from the seminal RICE model by Nordhaus and Yang [Am. Econ. Rev. 86 (1996) 741]. We first state the necessary conditions that determine Pareto efficient investment and emission abatement paths under alternative regimes of cooperation between the regions. We then show with a numerical version of the CWS model that the transfer scheme advocated by Germain, Toint and Tulkens (1997) induces an allocation in the (“gamma”) core of the world carbon emission abatement cooperative game.
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(This abstract was borrowed from another version of this item.)
(This abstract was borrowed from another version of this item.)

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  • Eyckmans, Johan & Tulkens, Henry, 2003. "Simulating coalitionally stable burden sharing agreements for the climate change problem," Resource and Energy Economics, Elsevier, vol. 25(4), pages 299-327, October.
    • Handle: RePEc:eee:resene:v:25:y:2003:i:4:p:299-327
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    1. Parkash Chander & Henry Tulkens, 2006. "The Core of an Economy with Multilateral Environmental Externalities," Springer Books, in: Parkash Chander & Jacques Drèze & C. Knox Lovell & Jack Mintz (ed.), Public goods, environmental externalities and fiscal competition, chapter 0, pages 153-175, Springer.
    2. Marc Germain & Philippe Toint & Henry Tulkens & Aart Zeeuw, 2006. "Transfers to Sustain Dynamic Core-Theoretic Cooperation in International Stock Pollutant Control," Springer Books, in: Parkash Chander & Jacques Drèze & C. Knox Lovell & Jack Mintz (ed.), Public goods, environmental externalities and fiscal competition, chapter 0, pages 251-274, Springer.
    3. Parkash Chandler & Henry Tulkens & Jean-Pascal Ypersele & Stephane Willems, 2006. "The Kyoto Protocol: An Economic and Game Theoretic Interpretation," Springer Books, in: Parkash Chander & Jacques Drèze & C. Knox Lovell & Jack Mintz (ed.), Public goods, environmental externalities and fiscal competition, chapter 0, pages 195-215, Springer.
    4. Henry Tulkens, 2006. "An Economic Model of International Negotiations Relating to Transfrontier Pollution," Springer Books, in: Parkash Chander & Jacques Drèze & C. Knox Lovell & Jack Mintz (ed.), Public goods, environmental externalities and fiscal competition, chapter 0, pages 107-121, Springer.
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    13. EYCKMANS, Johan & FINUS, Michael, 2003. "Coalition formation in a global warming game : how the design of protocols affects the success of environmental treaty-making," LIDAM Discussion Papers CORE 2003088, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE).
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