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Coalition Strategies and Reduction of GHG Emissions

Author

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  • Vihang Patel

    (Indian Institute of Technology,Kharagpur)

Abstract

The Flexible Mechanisms articulated in the Kyoto Protocol provide a robust framework for emission reduction issue in a manner that is not just economically efficient, but is also pro-growth for trade. In the presence of liquid or illiquid markets, to attain higher value from the emission trading, we have shown that coalition strategies provide a pertinent alternative to production optimization measures which may not be feasible at times. The whole game is analyzed taking a resource based view of the strategic factor markets. We have also illustrated the measures needed to provide stability to the coalitions and hence the coalition strategies.

Suggested Citation

  • Vihang Patel, 2005. "Coalition Strategies and Reduction of GHG Emissions," Game Theory and Information 0501002, University Library of Munich, Germany.
    • Handle: RePEc:wpa:wuwpga:0501002
    Note: Type of Document - pdf; pages: 16
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    File URL: https://econwpa.ub.uni-muenchen.de/econ-wp/game/papers/0501/0501002.pdf
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    References listed on IDEAS

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    More about this item

    Keywords

    coalition; strategy; game theory; emission; environment; resource based view; strategic factor market;
    All these keywords.

    JEL classification:

    • C7 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory
    • D8 - Microeconomics - - Information, Knowledge, and Uncertainty

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