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Allocations and manipulation in Kyoto type protocols Author info | Abstract | Publisher info | Download info | Related research | Statistics Sudhir A. Shah (Delhi School of Economics)
We study an incomplete information, non-cooperative model of the determination of national emission endowments under a Kyoto type protocol with heterogeneous nations. The model generates a link between national types and equilibrium na-tional emission caps. We analyze this link to (a) derive the type-contingent ordering of emission allocations, (b) study the effects of growth on emission al-locations, and (c) study the strategies that nations can use to manipulate the emission allocation process. Synthesizing these results allows us to derive the implications of national heterogeneity and asymmetry of economic power in the capping process.
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Paper provided by Centre for Development Economics, Delhi School of Economics in its series Working papers with number
125.
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Length: 33 pages
Date of creation: Apr 2004Date of revision:
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Keywords: correlated equilibrium ; heterogeneity ; incomplete information ; Kyoto protocol ; manipulation ; non-cooperative game. ; Find related papers by JEL classification: D74 - Microeconomics - - Analysis of Collective Decision-Making - - - Conflict; Conflict Resolution; Alliances H41 - Public Economics - - Publicly Provided Goods - - - Public Goods Q21 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Renewable Resources and Conservation - - - Demand and Supply (the Commons) Q25 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Renewable Resources and Conservation - - - Water R11 - Urban, Rural, and Regional Economics - - General Regional Economics - - - Analysis of Growth, Development, and Changes
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