Please use this identifier to cite or link to this item:
http://hdl.handle.net/1893/867
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? |
Authors: | Finus, Michael Rundshagen, Bianca Eyckmans, Johan |
Contact Email: | Michael.Finus@stir.ac.uk |
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 H87 Q54 |
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 |
URI: | http://hdl.handle.net/1893/867 |
Affiliation: | University of Stirling University of Hagen KU Leuven |
Files in This Item:
File | Description | Size | Format | |
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SEDP-2009-08-Finus-Rundshagen-Eyckmans.pdf | 252.6 kB | Adobe PDF | View/Open |
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