Formation of Coalitions in Self-Enforcing International Environmental Agreements

Authors

  • Peixin Peter Yu

DOI:

https://doi.org/10.62051/ijgem.v5n1.18

Keywords:

Climate change, Game theory, Coalitions, Cross-country conflicts, Mitigation

Abstract

Climate change is not a solved issue in the world today: countries are not willing to mitigate for the benefit of everyone. It thus becomes necessary to investigate the reason for the lack of cooperation for a potential solution. This essay plans on modeling the payoffs of players in the international mitigation game, reaching the results that without an incentive provided by the coalition, players are unlikely to mitigate. Moreover, unequal relationships between countries can result in certain countries mitigating themselves while not encouraging their subordinate countries to mitigate.

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References

[1] Charles D. Kolstad. Systematic uncertainty in self-enforcing international environmental agreements. Journal of Environmental Economics and Management, 53, 2007.

[2] NASA. Nasa study reveals compounding climate risks at two degrees of warming. https://climate.nasa.gov/news/3278/nasa-study-reveals-compounding-climate-risks-at-twodegrees-of-warming/#: :text=If%20global%20temperatures%20reach%202%20degrees%20Celsius

[3] Hannah Ritchie and Max Roser. CO2 emissions. Our World in Data, 2020. https://ourworldindata.org/co2-emissions.

[4] Hannah Ritchie, Max Roser, and Pablo Rosado. CO2 and greenhouse gas emissions. Our World in Data, 2020. https://ourworldindata.org/co2-and-greenhouse-gas-emissions.

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Published

11-11-2024

Issue

Section

Arcicles

How to Cite

Peter Yu, P. (2024). Formation of Coalitions in Self-Enforcing International Environmental Agreements. International Journal of Global Economics and Management, 5(1), 166-172. https://doi.org/10.62051/ijgem.v5n1.18