Economics of Climate Change: A Game Theoretic Approach PDF Download
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Author: Rajendra Kumar Kaushal
Publisher: LAP Lambert Academic Publishing
ISBN: 9783659768705
Category :
Languages : en
Pages : 60
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Book Description
Global accumulation of heat-trapping from the greenhouse gases results in global climate change has become a dominant environmental issue. An economic argument can be made, so that reducing greenhouse gas emissions would essentially be transferring wealth to an even wealthier future. This book argues cooperative and non-cooperative game theoretic approach for international climate change negotiations. Game theory is an obvious fit, since international climate negotiations are strongly driven by strategic interdependencies.
Author: Rajendra Kumar Kaushal
Publisher: LAP Lambert Academic Publishing
ISBN: 9783659768705
Category :
Languages : en
Pages : 60
Get Book Here
Book Description
Global accumulation of heat-trapping from the greenhouse gases results in global climate change has become a dominant environmental issue. An economic argument can be made, so that reducing greenhouse gas emissions would essentially be transferring wealth to an even wealthier future. This book argues cooperative and non-cooperative game theoretic approach for international climate change negotiations. Game theory is an obvious fit, since international climate negotiations are strongly driven by strategic interdependencies.
Author: Parkash Chander
Publisher: Columbia University Press
ISBN: 0231545592
Category : Mathematics
Languages : en
Pages : 305
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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.
Author: Carlo Carraro
Publisher: Edward Elgar Publishing
ISBN: 9781845421441
Category : Business & Economics
Languages : en
Pages : 272
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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.
Author: Christoph Böhringer
Publisher: Edward Elgar Publishing
ISBN:
Category : Business & Economics
Languages : en
Pages : 328
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Book Description
In this study, five international experts combine insights on global warming from three perspectives--game theory, cost-effectiveness analysis, and public choice. They provide a summary of important results, discuss the theoretical consistency of the models and assumptions, highlight practical problems that have not yet been incorporated into theory, and explore various applications to global warming dilemmas. They advocate an integrated approach and suggest a research agenda for the future that would encompass all three methods. Edited by Boringer and Carsten Vogt (both of the Centre for European Economic Research) and Michael Finus (U. of Hagen), all of whom are contributors. Annotation copyrighted by Book News, Inc., Portland, OR
Author: Henry Tulkens
Publisher: World Scientific
ISBN: 9813141247
Category : Business & Economics
Languages : en
Pages : 459
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Book Description
The science and management of environmental problems is a vast area, comprising both the natural and social sciences, and the multidisciplinary links often make these issues challenging to comprehend. Economics, Game Theory and International Environmental Agreements: The Ca' Foscari Lectures aims to introduce students to the multidimensional character of international environmental problems in general, and climate change in particular.Ecology, economics, game theory and diplomacy are called upon and brought together in the common framework of a basic mathematical model. Within that framework, and using tools from these four disciplines, the book develops a theory that aims to explain and promote cooperation in international environmental affairs.Other books on the topic tend to be research-oriented volumes of various papers. Instead, this is a book that offers a reasonably-sized synthesis of the multidimensional societal problems of transfrontier pollution, particularly of climate change. It uses mathematical modeling of economic and game theory concepts to examine these environmental issues and demonstrate many results in an accessible fashion. Readers interested in understanding the links between ecology and economics, as well as the connection between economics and institutional decision-making, will find in this text not only answers to many of their queries but also questions for further thinking.
Author: Noha Nagi Elboghdadly
Publisher:
ISBN:
Category :
Languages : en
Pages :
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Book Description
Author: Mareike L.
Publisher: GRIN Verlag
ISBN: 3668813817
Category : Business & Economics
Languages : en
Pages : 22
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Book Description
Seminar paper from the year 2017 in the subject Economy - Environment economics, grade: 1,7, University of Porto (Faculdade de Economia), course: Environmental Economics and Sustainable Development, language: English, abstract: One of the biggest challenges of the globalized world is still the establishment and maintenance of international cooperation. The growing interdependency produced by cross-border externalities demand for joint actions in an anarchic world order. The United Nations (UN) or the international economic system, consisting of the World Bank, the International Monetary Funds (IMF) and the World Trade Organization (WTO), are some examples of mostly successful supranational forms of cooperation. What those institutions not include is the threat of climate change, which is today’s biggest challenge of international matter. With its Report “Limits to Growth” from the year 1972, The Club of Rome not only put the subject of climate change for the first time on the political and scientific agenda but also raised the public awareness of this problem. From this point on, ongoing efforts were made to commonly regulate emissions and control the sustainability of climate goods. Nevertheless, the first binding agreement on climate change, the Paris Agreement, entered into force 44 years after this report, on the 4th of November 2016. For some political and economic theorists this is no surprise. Following the assumptions of the economic game theory and global governance-approaches, non-cooperative behavior is the consequence of rational decision making. Basic dilemma situations depict the competition about non-excludable goods and foresee the challenges of global climate negotiations. The latest success on the Climate Conference in Paris challenges these assumptions and raises new questions about human cooperative behavior. While this matter has its origins in the neoclassical approach of game theory, behavioral economists started to examine the phenomenon and question the basic assumption of rational choice. “Homo oeconomicus is also a Homo socialis”. Aspects of both facets of human behavior shall be analyzed in this paper, in order to explain the mechanisms of cooperation on climate change. The existing literature focuses mostly on only one of these aspects which leads to an incomplete picture of the decision-making process.
Author: Tiago Sequeira
Publisher: Springer
ISBN: 3030026620
Category : Business & Economics
Languages : en
Pages : 303
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Book Description
This book presents new research related to climate change policies and effects. It discusses the implications of climate change on issues pertaining to international relations and economic development, and the question of how climate change could jeopardize the international system as we have known it until today. It aims to provide an empirical basis and epistemological framework to discuss the effects of climate change on economic growth, social development and welfare as a global phenomenon influenced by policies carried out transnationally and by national governments. Case studies from around the globe are presented.
Author: Zili Yang
Publisher: MIT Press
ISBN: 0262240548
Category : Business & Economics
Languages : en
Pages : 203
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Book Description
A fresh approach to the economics of climate change that bridges integrated assessment modeling and game theoretic modeling.Strategic Bargaining and Cooperation in Greenhouse Gas Mitigations: An Integrated Assessment Modeling Approach
Author: Carsten Helm
Publisher: Edward Elgar Publishing
ISBN:
Category : Business & Economics
Languages : en
Pages : 216
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Book Description
Relying on game theory and axiomatic methods to derive a model for fair, efficient policy in tackling environmental problems such as global warming, Helm (economics, Otto-von-Guericke U., Magdeburg, Germany) first takes a normative snapshot of international cooperation efforts from the perspective of fair division theory. Next, he applies self interest-based cooperative, non-cooperative, and repeated game theories. His analysis also considers under-studied threshold effects in natural systems, which may serve either as a common policy goal or incentive for free- riding if thresholds are not universally binding. Figures and tables represent information relating to Kyoto Protocol targets for CO2 emissions, climate change control costs, emissions trading factors, and a transboundary pollution stage game. Based on a doctoral dissertation (Humboldt U. of Berlin, 1999). Annotation copyrighted by Book News Inc., Portland, OR
