A simple dynamic climate cooperation model

A-Tier
Journal: Journal of Public Economics
Year: 2021
Volume: 194
Issue: C

Authors (2)

Kováč, Eugen (Universität Duisburg-Essen) Schmidt, Robert C. (not in RePEc)

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 introduce a novel framework for analyzing coalition formation, applied to climate cooperation. Our model allows for multiple rounds of negotiations and is able to explain the formation of large coalitions. The incentive of each coalition member to join and subsequently to sign a long-term contract is to prevent inefficient delay that arises as soon as a single country deviates. This undermines the free-rider incentive that destabilizes large coalitions in static coalition formation games. The equilibrium coalition size is then determined by a “threshold effect” due to which deviations of coalition members become unprofitable for sufficiently large coalitions.

Technical Details

RePEc Handle
repec:eee:pubeco:v:194:y:2021:i:c:s0047272720301936
Journal Field
Public
Author Count
2
Added to Database
2026-01-25