Stability of Cooperation in the International Climate Negotiations - An Analysis Using Cooperative Game Theory


Book Description

International cooperation on greenhouse gas emission reductions is needed to avoid dangerous climate change. This work analyses the stability of global cooperation on climate change using cooperative game theory. Numerical and theoretical models are applied to evaluate the impact of several real-world properties. It is shown that the introduction of these properties into the game-theoretical model substantially affects the results and can make global climate cooperation unstable. This work was published by Saint Philip Street Press pursuant to a Creative Commons license permitting commercial use. All rights not granted by the work's license are retained by the author or authors.




Stability of cooperation in the international climate negotiations - An analysis using cooperative game theory


Book Description

International cooperation on greenhouse gas emission reductions is needed to avoid dangerous climate change. This work analyses the stability of global cooperation on climate change using cooperative game theory. Numerical and theoretical models are applied to evaluate the impact of several real-world properties. It is shown that the introduction of these properties into the game-theoretical model substantially affects the results and can make global climate cooperation unstable.




Averting Climate Catastrophe Together


Book Description

Humanity has so far failed to respect some essential compatibility limits to ensure sustainable development. Is it possible to change the course? This book revolves around this question, focusing on climate change. Averting Climate Catastrophe Together addresses the necessity of meeting the Paris Agreement temperature target and explores what framework could enable climate action in an effective, efficient and equitable manner that is consistent with that goal. It also looks at the contribution of technological change within the economic system, including the feasibility of a global energy transition. Whether humanity can avoid catastrophic climate change appears to depend not on the availability of technological solutions, but rather on international cooperation and coordination. Given the various sustainability issues, this book also discusses whether it is possible to derive a general approach to them. It argues that dealing with compatibility limits in complex systems requires a holistic change in the system structure. Therefore, systems science is discussed together with economics, technological change, and sustainable development. This book targets scientists and experts from different disciplines due to the interdisciplinary topic, but especially from environmental economics and energy technology; policy makers, as policy recommendations are provided to address climate change; as well as the general public due to the pressing common challenge of addressing climate change and comprehensive efforts for sustainable development. Provides evidence based on climate science research on the necessity of meeting the Paris Agreement temperature target Highlights the feasibility of the global energy transition as one major option to mitigate climate change, also going into detail about the process of technological change Brings together systems science with economics, technological change, and sustainable development Derives a framework to meet the Paris Agreement temperature target, enabling coordinated climate action in an effective and efficient manner while pursuing distributive justice




Economic Theories of International Environmental Cooperation


Book Description

'Helm's book is impressive for its combination of rigorous theory in real world contexts . . . highly recommended.' - David Pearce, Environmental and Resource Economics To deal effectively with transboundary environmental problems such as climate change, it is important to have an idea of the model for an 'efficient' and 'fair' policy. An understanding of the strategic interactions involved in the international decision-making process is also essential. Carsten Helm uses rigorous theoretical reasoning and applications to address these issues.




International Relations - Volume II


Book Description

International Relations is a component of Encyclopedia of Institutional and Infrastructural Resources in the global Encyclopedia of Life Support Systems (EOLSS), which is an integrated compendium of twenty one Encyclopedias. The Theme considers the following topics on The Development of International Relations, International Political Economy and International Relations and Contemporary World Issues. These two volumes are aimed at the following five major target audiences: University and College students Educators, Professional practitioners, Research personnel and Policy analysts, managers, and decision makers and NGOs.




International Climate Agreements under Review


Book Description

Given the shortcomings of the Paris Agreement, Anja Zenker examines the potential of free trade benefits as an incentive mechanism for an effective and stable climate change cooperation of states. She addresses the question of how the specific policy design affects the success of the agreement, market and trade outcomes, as well as the compatibility with multilateral WTO obligations.




Game Theory and Climate Change


Book Description

Despite the growing consensus on the need for action to counteract climate change, complex economic and political forces have so far prevented international actors from making much headway toward resolving the problem. Most approaches to climate change are based in economics and environmental science; in this book, Parkash Chander argues that we can make further progress on the climate change impasse by considering a third approach—game theory. Chander shows that a game-theoretic approach, which offers insight into the nature of interactions between sovereign countries behaving strategically and the kinds of outcomes such interactions produce, can illuminate how best to achieve international agreements in support of climate-change mitigation strategies. Game Theory and Climate Change develops a conceptual framework with which to analyze climate change as a strategic or dynamic game, bringing together cooperative and noncooperative game theory and providing practical analyses of international negotiations. Chander offers economic and game-theoretic interpretations of both the Kyoto Protocol and the Paris Agreement and argues that the Paris Agreement may succeed where the Kyoto Protocol failed. Finally, Chander discusses the policy recommendations his framework generates, including a global agreement to support development of cleaner technologies on a global scale.




Game Practice and the Environment


Book Description

This book summarises the latest achievements of researchers involved in the application of game theory to the analysis of environmental matters. It provides an overview of different methods and applications, and gives the reader new insights on the solutions to complex environmental problems. The authors investigate various game theoretic approaches, including cooperative and non-cooperative game theory, and analyse both dynamic and static games. They illustrate the application of these approaches to global and local environmental problems, and present novel but effective tools to support environmental policy making. In particular, they focus on three important issues; climate negotiations and policy, the sharing of environmental costs, and environmental management and pollution control.




International Environmental Agreements on Climate Change


Book Description

Climate change is one of the major environmental concern of many countries in the world. Negotiations to control potential climate changes have been taking place, from Rio to Kyoto, for the last five years. There is a widespread consciousness that the risk of incurring in relevant economic and environmental losses due to climate change is high. Scientific analyses have become more and more precise on the likely impacts of climate change. According to the Second Assessment Report of the Intergovernmental Panel on Climate Change, current trends in greenhouse gases (GHGs) emissions may indeed cause the average global temperature to increase by 1-3. 5 °C over the next 100 years. As a result, sea levels are expected to rise by 15 to 95 em and climate zones to shift towards the poles by 150 to 550 km in mid latitudes. In order to mitigate the adverse effects of climate change, the IPCC report concludes that a stabilization of atmospheric concentration of carbon dioxide - one of the major GHGs - at 550 parts per million by volume (ppmv) is recommended. This would imply a reduction of global emissions of about 50 per cent with respect to current levels. In this context, countries are negotiating to achieve a world-wide agreement on GHGs emissions control in order to stabilize climate changes. Despite the agreement on targets achieved in Kyoto, many issues still remain unresolved.




Public Goods, Environmental Externalities and Fiscal Competition


Book Description

The 22 papers in this volume illustrate the itinerary of Henry Tulkens on the occasion of his retirement from teaching. The volume presents contemporary analysis of Tulkens’ classic papers on public sector economics. The collection is structured in four parts: I. Decentralized resource allocation processes for public and private goods - II. Environment, public goods and externalities - III. Efficiency analysis - IV. Fiscal competition and optimality.