Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
959303 | Journal of Environmental Economics and Management | 2010 | 12 Pages |
Abstract
We consider the strategic role of uncertainty and information acquisition for the mitigation of global warming. Before the countries decide on their contribution to a mitigation of global warming, they may invest in information about the country-specific benefit of reductions of the emissions of greenhouse gases. We show that information acquisition has a substantial strategic value. Countries may prefer not to learn their benefit of climate protection even if information acquisition does not involve a direct cost. This strategic information choice may further decrease the efficiency of the public good provision.
Related Topics
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Economics and Econometrics
Authors
Florian Morath,