International Environmental Agreements with mixed strategies and investment

A-Tier
Journal: Journal of Public Economics
Year: 2012
Volume: 96
Issue: 9-10
Pages: 685-697

Authors (2)

Score contribution per author:

2.011 = (α=2.01 / 2 authors) × 2.0x A-tier

α: calibrated so average coauthorship-adjusted count equals average raw count

Abstract

We modify a canonical participation game used to study International Environmental Agreements (IEA), considering both mixed and pure strategies at the participation stage, and including a prior cost-reducing investment stage. The use of mixed strategies at the participation stage reverses a familiar result and also reverses the policy implication of that result: with mixed strategies, equilibrium participation and welfare are higher in equilibria that involve higher investment.

Technical Details

RePEc Handle
repec:eee:pubeco:v:96:y:2012:i:9:p:685-697
Journal Field
Public
Author Count
2
Added to Database
2026-01-25