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Do abatement quotas lead to more successful climate coalitions?


Reference:

Altamirano-Cabrera, J.-C., Finus, M. and Dellink, R., 2008. Do abatement quotas lead to more successful climate coalitions? Manchester School, 76 (1), pp. 104-129.

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Official URL:

http://dx.doi.org/10.1111/j.1467-9957.2007.01052.x

Abstract

In this paper, we study the effect of different treaty designs on the success of international environmental agreements (IEAs). We analyze the standard assumption of an efficient abatement scheme and three uniform abatement quota schemes. Apart from analytical results, the analysis is supported by simulations based on the STACO (stability of coalitions) model. It turns out that quota agreements where the members decide by majority or unanimity voting are successful in overcoming free-rider incentives within an IEA. Finally, our results provide a rationale for the application of uniform abatement quotas in IEAs.

Details

Item Type Articles
CreatorsAltamirano-Cabrera, J.-C., Finus, M. and Dellink, R.
DOI10.1111/j.1467-9957.2007.01052.x
DepartmentsFaculty of Humanities & Social Sciences > Economics
RefereedYes
StatusPublished
ID Code28376

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