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Multilateral negotiations over climate change policy

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  • Pinto, Ligia M.
  • Harrison, Glenn W.

Abstract

Negotiations in the real world have many features which tend to be ignored inpolicy modeling. They are often multilateral, involving many negotiating parties with preferences over outcomes that can differ substantially. They are also often multi-dimensional,in the sense that several policies are negotiated over simultaneously. Trade negotiations are a prime example, as are negotiations over environmental policies toabate carbon dioxide. We demonstrate how one can formally model this type of negotiation process. We use a policy-oriented computable general equilibrium model to generate preference functions which are then used in a formal multilateral bargaining game. The case study is to climate change policy, but the main contribution is to demonstrate how one can integrate formal economic models of the impacts of policies with formal bargaining models of the negotiations over those policies.

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Bibliographic Info

Article provided by Elsevier in its journal Journal of Policy Modeling.

Volume (Year): 25 (2003)
Issue (Month): 9 (December)
Pages: 911-930

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Handle: RePEc:eee:jpolmo:v:25:y:2003:i:9:p:911-930

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Web page: http://www.elsevier.com/locate/inca/505735

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References

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Cited by:
  1. Hasson, Reviva & Löfgren, Åsa & Visser, Martine, 2010. "Climate change in a public goods game: Investment decision in mitigation versus adaptation," Ecological Economics, Elsevier, vol. 70(2), pages 331-338, December.
  2. Saam, Nicole J. & Sumpter, David, 2008. "EU institutional reforms: How do member states reach a decision," Journal of Policy Modeling, Elsevier, vol. 30(1), pages 71-86.
  3. Robert Shum, 2014. "China, the United States, bargaining, and climate change," International Environmental Agreements: Politics, Law and Economics, Springer, vol. 14(1), pages 83-100, March.

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