کد مقاله کد نشریه سال انتشار مقاله انگلیسی نسخه تمام متن
884253 912381 2009 23 صفحه PDF دانلود رایگان
عنوان انگلیسی مقاله ISI
A strategic analysis of global warming: Theory and some numbers
موضوعات مرتبط
علوم انسانی و اجتماعی اقتصاد، اقتصادسنجی و امور مالی اقتصاد و اقتصادسنجی
پیش نمایش صفحه اول مقاله
A strategic analysis of global warming: Theory and some numbers
چکیده انگلیسی

We model the global warming process as a dynamic commons game in which the players are countries, their actions at each date produce emissions of greenhouse gases, and the state variable is the current stock of greenhouse gases. The theoretical analysis is complemented by a calibration exercise. The first set of results establishes theoretically, and then with illustrative numbers, the over-emissions due to a “tragedy of the commons.” The power of simple sanctions to lower emissions and increase welfare is then examined as is the effect of cost asymmetry. Finally, a complete theoretical charactrization is provided for the best equilibrium, and it is shown that it has a very simple structure; it involves a constant emission rate through time.

ناشر
Database: Elsevier - ScienceDirect (ساینس دایرکت)
Journal: Journal of Economic Behavior & Organization - Volume 71, Issue 2, August 2009, Pages 187–209
نویسندگان
, ,