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The Effects of the Length of the Period of Commitment on the Size of Stable International Environmental Agreements

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  • Bruno Nkuiya

Abstract

This paper extends the standard model of self-enforcing dynamic international environmental agreements by allowing the length of the period of commitment of such agreements to vary as a parameter. It analyzes the pattern of behavior of the size of stable coalitions, the stock of pollution, and the emission rate as a function of the length of the period of commitment. It is shown that the length of the period of commitment can have very significant effects on the equilibrium. At the initial date, numerical simulations reveal that as the length of commitment is increased, the potential gain from cooperation tends to diminish, increasing the incentive to ratify the agreements. This suggests that considerable attention should be given to the determination of the length of such international agreements. Copyright Springer Science+Business Media, LLC 2012

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  • Bruno Nkuiya, 2012. "The Effects of the Length of the Period of Commitment on the Size of Stable International Environmental Agreements," Dynamic Games and Applications, Springer, vol. 2(4), pages 411-430, December.
    • Handle: RePEc:spr:dyngam:v:2:y:2012:i:4:p:411-430
    DOI: 10.1007/s13235-012-0056-5
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    2. Carraro, Carlo & Siniscalco, Domenico, 1993. "Strategies for the international protection of the environment," Journal of Public Economics, Elsevier, vol. 52(3), pages 309-328, October.
    3. Nkuiya, Bruno, 2011. "International Emission Strategies under the Threat of a Sudden Jump in Damages," Working Papers 117826, University of Laval, Center for Research on the Economics of the Environment, Agri-food, Transports and Energy (CREATE).
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    5. Bruno Nkuiya & Walid Marrouch & Eric Bahel, 2015. "International Environmental Agreements under Endogenous Uncertainty," Journal of Public Economic Theory, Association for Public Economic Theory, vol. 17(5), pages 752-772, October.
    6. Barrett, Scott, 1994. "Self-Enforcing International Environmental Agreements," Oxford Economic Papers, Oxford University Press, vol. 46(0), pages 878-894, Supplemen.
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    9. Bruno Nkuiya, 2011. "International Emission Strategies under the Threat of a Sudden Jump in Damages," Cahiers de recherche CREATE 2011-1, CREATE.
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    1. Bruno Nkuiya & Walid Marrouch & Eric Bahel, 2015. "International Environmental Agreements under Endogenous Uncertainty," Journal of Public Economic Theory, Association for Public Economic Theory, vol. 17(5), pages 752-772, October.
    2. Bediako, Kwabena & Nkuiya, Bruno, 2022. "Stability of international fisheries agreements under stock growth uncertainty," Journal of Environmental Economics and Management, Elsevier, vol. 113(C).
    3. Katharina Schüller & Kateřina Staňková & Frank Thuijsman, 2017. "Game Theory of Pollution: National Policies and Their International Effects," Games, MDPI, vol. 8(3), pages 1-15, July.
    4. Lazkano, Itziar & Marrouch, Walid & Nkuiya, Bruno, 2016. "Adaptation to climate change: how does heterogeneity in adaptation costs affect climate coalitions?," Environment and Development Economics, Cambridge University Press, vol. 21(6), pages 812-838, December.
    5. Miller, Steve & Nkuiya, Bruno, 2016. "Coalition formation in fisheries with potential regime shift," Journal of Environmental Economics and Management, Elsevier, vol. 79(C), pages 189-207.
    6. Breton, Michèle & Sbragia, Lucia, 2023. "Self-image and the stability of international environmental agreements," Ecological Economics, Elsevier, vol. 211(C).

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    More about this item

    Keywords

    International environmental agreements; Global pollution; Stock pollution; Dynamic games;
    All these keywords.

    JEL classification:

    • Q5 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics
    • C73 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory - - - Stochastic and Dynamic Games; Evolutionary Games
    • F53 - International Economics - - International Relations, National Security, and International Political Economy - - - International Agreements and Observance; International Organizations

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