000132419 001__ 132419
000132419 005__ 20210122072554.0
000132419 0247_ $$2doi$$a10.22004/ag.econ.132419
000132419 037__ $$a1643-2016-135253
000132419 041__ $$aeng
000132419 084__ $$aQ5
000132419 084__ $$aC73
000132419 084__ $$aF53
000132419 245__ $$aThe Effects of the Length of the Period of Commitment on the Size of Stable International Environmental Agreements
000132419 260__ $$c2012-08
000132419 269__ $$a2012-08
000132419 336__ $$aWorking or Discussion Paper
000132419 490__ $$aCREATE Working Papers
000132419 490__ $$a2012-7
000132419 520__ $$aThis paper extends the standard model of self-enforcing dynamc international environmental agreements by allowing the length of the period of commitment of such agreements to vary as a parameter. It analyzes the pattern of behavior of the size of stable coalitions, the stock of pollution, and the emission rate as a function of the length of the period of commitment. It is shown that the length of the period of commitment can have very significant effects on the equilibrium. We show numerically that at the initial date, as the length of commitment is increased, the potential gain from cooperation tends to diminish, increasing the disincentive to ratify the agreements. This suggests that considerable attention should be given to the determination of the length of such international agreements.
000132419 650__ $$aEnvironmental Economics and Policy
000132419 6531_ $$aInternational environmental agreements
000132419 6531_ $$aglobal pollution
000132419 6531_ $$astock pollution
000132419 6531_ $$adynamc games
000132419 700__ $$aNkuiya, Bruno
000132419 8564_ $$9bbae083d-05f5-4367-83d7-f923d9a03de0$$s822080$$uhttps://ageconsearch.umn.edu/record/132419/files/CREATE2012-7.pdf
000132419 887__ $$ahttp://purl.umn.edu/132419
000132419 909CO $$ooai:ageconsearch.umn.edu:132419$$pGLOBAL_SET
000132419 912__ $$nSubmitted by Johanne Perron (johanne.perron@ecn.ulaval.ca) on 2012-08-29T15:19:16Z
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  Previous issue date: 2012-08
000132419 913__ $$aLicense granted by Johanne Perron (johanne.perron@ecn.ulaval.ca) on 2012-08-29T15:09:18Z (GMT):

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000132419 980__ $$a1643
000132419 982__ $$gUniversity of Laval>Center for Research on the Economics of the Environment, Agri-food, Transports and Energy (CREATE)>Working Papers