Stable International Environmental Agreements: Large Coalitions that Achieve Little
A standard result of coalition formation games is that stable coalitions are very small if the coalition plays Nash vis-à-vis the rest of the world and if abatement costs are quadratic. It has been shown that larger coalitions and even the grand coalition are possible if the marginal abatem...
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| Format: | Article |
| Language: | English |
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MDPI AG
2019-11-01
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| Series: | Games |
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| Online Access: | https://www.mdpi.com/2073-4336/10/4/47 |