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Climate Change Sustainability: From Bargaining to Cooperative Balanced Approach

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  • Tiziana Ciano

    (Department of Law, Economics and Human Sciences & Decisions_Lab, University “Mediterranea” of Reggio Calabria, via dell’Universitá, 25, I-89124 Reggio Calabria, Italy
    These authors contributed equally to this work.)

  • Massimiliano Ferrara

    (Department of Law, Economics and Human Sciences & Decisions_Lab, University “Mediterranea” of Reggio Calabria, via dell’Universitá, 25, I-89124 Reggio Calabria, Italy
    Department of Management and Technology, ICRIOS-The Invernizzi Centre for Research in Innovation, Organization, Strategy and Entrepreneurship Bocconi University, via Sarfatti, 25, I-20136 Milano, Italy
    These authors contributed equally to this work.)

  • Mariangela Gangemi

    (Department of Law, Economics and Human Sciences & Decisions_Lab, University “Mediterranea” of Reggio Calabria, via dell’Universitá, 25, I-89124 Reggio Calabria, Italy
    These authors contributed equally to this work.)

  • Domenica Stefania Merenda

    (Department of Law, Economics and Human Sciences & Decisions_Lab, University “Mediterranea” of Reggio Calabria, via dell’Universitá, 25, I-89124 Reggio Calabria, Italy
    These authors contributed equally to this work.)

  • Bruno Antonio Pansera

    (Department of Law, Economics and Human Sciences & Decisions_Lab, University “Mediterranea” of Reggio Calabria, via dell’Universitá, 25, I-89124 Reggio Calabria, Italy
    These authors contributed equally to this work.)

Abstract

This work aims to provide different perspectives on the relationships between cooperative game theory and the research field concerning climate change dynamics. New results are obtained in the framework of competitive bargaining solutions and related issues, moving from a cooperative approach to a competitive one. Furthermore, the dynamics of balanced and super-balanced games are exposed, with particular reference to coalitions. Some open problems are presented to aid future research in this area.

Suggested Citation

  • Tiziana Ciano & Massimiliano Ferrara & Mariangela Gangemi & Domenica Stefania Merenda & Bruno Antonio Pansera, 2021. "Climate Change Sustainability: From Bargaining to Cooperative Balanced Approach," Games, MDPI, vol. 12(2), pages 1-13, May.
    • Handle: RePEc:gam:jgames:v:12:y:2021:i:2:p:45-:d:559908
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    References listed on IDEAS

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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. Massimiliano Ferrara, 2009. "More on one-commodity market games," Operations Research and Decisions, Wroclaw University of Science and Technology, Faculty of Management, vol. 19(2), pages 29-37.
    3. Rosenthal, Robert W., 1971. "External economies and cores," Journal of Economic Theory, Elsevier, vol. 3(2), pages 182-188, June.
    4. Richard Spinetto, 1974. "The Geometry of Solution Concepts for N-Person Cooperative Games," Management Science, INFORMS, vol. 20(9), pages 1292-1299, May.
    5. Carsten Helm, 2001. "On the existence of a cooperative solution for a coalitional game with externalities," International Journal of Game Theory, Springer;Game Theory Society, vol. 30(1), pages 141-146.
    6. Massimiliano Ferrara, 2006. "A cooperative study of one-commodity market games," International Review of Economics, Springer;Happiness Economics and Interpersonal Relations (HEIRS), vol. 53(2), pages 183-192, June.
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    Cited by:

    1. Changping Zhao & Maliyamu Sadula & Xiangmeng Huang & Yali Yang & Yu Gong & Shuai Yang, 2022. "The Game Model of Blue Carbon Collaboration along MSR—From the Regret Theory Perspective," Mathematics, MDPI, vol. 10(6), pages 1-15, March.
    2. Marcel Franke & Bernhard K. J. Neumärker, 2022. "A Climate Alliance through Transfer: Transfer Design in an Economic Conflict Model," World, MDPI, vol. 3(1), pages 1-14, February.

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