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Uniform Reductions are not that Bad

Author

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  • Urs Steiner Brandt

    (Department of Environmental and Business Economics, University of Southern Denmark)

Abstract

Both Barrett (1991) and Hoel (1991) show that uniform solutions cannot guarantee that the IR constraint is satisfied. This drawback of uniform solutions dramatically reduces feasibility of uniform solutions. However, when uniform reductions are property specified, this conclusion is no longer valid. Compared to Barrett (1991), which proposes a uniform absolute reduction, this paper proposes uniform solutions that are defined as equal percentage reduction compared to some pre-agreement reduction level, in accordance with real world specification. For such a specification, uniform solutions that satisfy IR will always exist, establishing a new, and more positive, view upon uniform solutions.

Suggested Citation

  • Urs Steiner Brandt, 2001. "Uniform Reductions are not that Bad," Working Papers 20/01, University of Southern Denmark, Department of Sociology, Environmental and Business Economics.
    • Handle: RePEc:sdk:wpaper:20
    as

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    File URL: http://www.sdu.dk/~/media/Files/Om_SDU/Institutter/Miljo/ime/wp/Brandt20.ashx
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    References listed on IDEAS

    as
    1. Young, Oran R., 1989. "The politics of international regime formation: managing natural resources and the environment," International Organization, Cambridge University Press, vol. 43(3), pages 349-375, July.
    2. Urs Steiner Brandt & Gert Tinggaard Svendsen, 2001. "Hot air in Kyoto, cold air in The Hague," Working Papers 22/01, University of Southern Denmark, Department of Sociology, Environmental and Business Economics.
    3. Hoel, Michael, 1991. "Global environmental problems: The effects of unilateral actions taken by one country," Journal of Environmental Economics and Management, Elsevier, vol. 20(1), pages 55-70, January.
    4. Sandler,Todd, 1997. "Global Challenges," Cambridge Books, Cambridge University Press, number 9780521583077, October.
    5. Welsch Heinz, 1993. "An Equilibrium Framework for Global Pollution Problems," Journal of Environmental Economics and Management, Elsevier, vol. 25(1), pages 64-79, July.
    6. Sandler,Todd, 1997. "Global Challenges," Cambridge Books, Cambridge University Press, number 9780521587495, October.
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    More about this item

    Keywords

    Uniform reduction obligations; individual rationality.;

    JEL classification:

    • Q28 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Renewable Resources and Conservation - - - Government Policy
    • H4 - Public Economics - - Publicly Provided Goods
    • H77 - Public Economics - - State and Local Government; Intergovernmental Relations - - - Intergovernmental Relations; Federalism

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