Description

To deal effectively with transboundary environmental problems such as climate change, it is important to have an idea of the model for an 'efficient' and 'fair' policy. An understanding of the strategic interactions involved in the international decision-making process is also essential. Carsten Helm uses rigorous theoretical reasoning and applications to address these issues.

  • The first part of the book contains a normative analysis based on fair division theory and welfare theory. The empirical focus is on burden sharing in the climate change regime, for which a concrete proposal is derived.
  • The book then extends the perspective by taking into account the self-interest of sovereign states. Using cooperative game theory the potential for Pareto efficient cooperation is analysed.
  • Finally, Carsten Helm applies non-cooperative game theory to analyse issues such as environmental and welfare effects of emissions trading, the misuse of scientific uncertainties as a bargaining tool and the effects of discontinuities in environmental systems on cooperation.

This highly topical book will be of great interest to economists and political and environmental scientists, as well as all those involved in the policy and decision making of international environmental agreements.

Economic Theories of International Environmental Cooperation

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Hardback by Carsten Helm

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To deal effectively with transboundary environmental problems such as climate change, it is important to have an idea of the... Read more

    Publisher: Edward Elgar Publishing Ltd
    Publication Date: 26/07/2000
    ISBN13: 9781840643428, 978-1840643428
    ISBN10: 1840643420

    Number of Pages: 208

    Non Fiction , Business, Finance & Law

    Description

    To deal effectively with transboundary environmental problems such as climate change, it is important to have an idea of the model for an 'efficient' and 'fair' policy. An understanding of the strategic interactions involved in the international decision-making process is also essential. Carsten Helm uses rigorous theoretical reasoning and applications to address these issues.

    • The first part of the book contains a normative analysis based on fair division theory and welfare theory. The empirical focus is on burden sharing in the climate change regime, for which a concrete proposal is derived.
    • The book then extends the perspective by taking into account the self-interest of sovereign states. Using cooperative game theory the potential for Pareto efficient cooperation is analysed.
    • Finally, Carsten Helm applies non-cooperative game theory to analyse issues such as environmental and welfare effects of emissions trading, the misuse of scientific uncertainties as a bargaining tool and the effects of discontinuities in environmental systems on cooperation.

    This highly topical book will be of great interest to economists and political and environmental scientists, as well as all those involved in the policy and decision making of international environmental agreements.

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