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Managing global pollution problems by reduction and adaptation policies

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  • Stähler, Frank

Abstract

This paper questions the standard results of an international noncooperative reduction game through considering scope effects between reduction and adaptation policies. In particular, it demonstrates that scope effects can result in positively sloped reaction curves. The paper discusses also the role of different conjectures and corner solutions. It concludes that, compared to the well-known standard results, all these effects introduce a good deal of ambiguity surrounding any forecast which is based on purely theoretical grounds.

Suggested Citation

  • Stähler, Frank, 1992. "Managing global pollution problems by reduction and adaptation policies," Kiel Working Papers 542, Kiel Institute for the World Economy (IfW Kiel).
  • Handle: RePEc:zbw:ifwkwp:542
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    References listed on IDEAS

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    1. Heister, Johannes & Klepper, Gernot & Stähler, Frank, 1992. "Strategien globaler Umweltpolitik: die UNCED-Konferenz aus ökonomischer Sicht," Kiel Working Papers 519, Kiel Institute for the World Economy (IfW Kiel).
    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. 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. Bird, Peter J. W. N., 1987. "The transferability and depletability of externalities," Journal of Environmental Economics and Management, Elsevier, vol. 14(1), pages 54-57, March.
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