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Appears in Collections:Economics Working Papers
Peer Review Status: Unrefereed
Title: Simulating a Sequential Coalition Formation Process for the Climate Change Problem: First Come, but Second Served?
Author(s): Finus, Michael
Rundshagen, Bianca
Eyckmans, Johan
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Citation: Finus M, Rundshagen B & Eyckmans J (2009) Simulating a Sequential Coalition Formation Process for the Climate Change Problem: First Come, but Second Served?. Stirling Economics Discussion Paper, 2009-08.
Keywords: International Climate Agreements
Sequential Coalition Formation
Coordination through Moderator
Integrated Assessment Model
Algorithm for Computations
JEL Code(s): C79
Issue Date: Mar-2009
Series/Report no.: Stirling Economics Discussion Paper, 2009-08
Abstract: We analyze stability of self-enforcing climate agreements based on a data set generated by the CLIMNEG world simulation model (CWSM), version 1.2. We consider two new aspects which appear important in actual treaty-making. First, we consider a sequential coalition formation process where players can make proposals which are either accepted or countered by other proposals. Second, we analyze whether a moderator, like an international organization, even without enforcement power, can improve upon globally suboptimal outcomes through coordinating actions by making recommendations that must be Pareto-improving to all parties. We discuss the conceptual difficulties of implementing our algorithm.
Type: Working or Discussion Paper
Affiliation: University of Stirling
University of Hagen
KU Leuven

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