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New Roads to International Environmental Agreements: The Case of Global Warming
2003
Social Science Research Network
We analyze with an integrated assessment model of climate change the formation of international environmental agreements (IEAs) by applying the widely used concept of inter-nal&external stability and several modifications of it. We relax the assumptions of a single agreement and open membership rule. It turns out that regional agreements are superior to a single agreement and exclusive is superior to open membership in welfare and ecological terms. Moreover, we show the importance of transfers
doi:10.2139/ssrn.465180
fatcat:qtvuib7yqrhi5cf6kiht7ttdvu