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** Événement en ligne ** Séminaire : Self-image and the stability of international environmental agreements

** Événement en ligne ** Séminaire : Self-image and the stability of international environmental agreements

Séminaire sur les jeux dynamiques et les applications

Self-image and the stability of international environmental agreements

Lucia Sbragia – Durham University Business School, Royaume-Uni

 

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In this paper we examine the stability of international environmental agreements about a (common) emissions target. By signing the agreement, the parties develop a sense of responsibility to the commitment made, gaining a self-image that contributes to their utility. We study a dynamic two-stage game where all countries act individualistically. We investigate how two fundamental components of the model, that is, the ambition of the pledge and the relative importance given to compliance to the commitment, affect the stability and efficiency of the agreement in terms of global welfare and total emissions. We find that participation is the key driver of all the results and that it is negatively related to the ambition of the pledge and positively related to countries’ level of concern about environmental issues.
(with Michèle Breton)

Date

Thursday April 14, 2022
Starts at 11:00

Price

gratuit

Contact

Place

Webinaire

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