Sharing the greenhouse: Inducing cooperation in a global common
AbstractGlobal warming is an example of a global tragedy of the commons. The atmosphere is a global common property resource. The global nature of this resource makes global warming a particularly difficult problem to solve. The reason for this is that there is no world government that can introduce and enforce the standard solutions for common property resource problems in this case. Any solution will need to be voluntary, in the sense that each country must choose to participate in it. This raises the important issue of just how such voluntary cooperation might be obtained. In this paper, we explore the potential for repeated interaction between countries to induce them to cooperate in combating global warming.
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Bibliographic InfoPaper provided by School of Economics, La Trobe University in its series Working Papers with number 2008.07.
Length: 16 pages
Date of creation: Nov 2008
Date of revision:
Cooperation; Global Warming; Gradual Commitment; Multiple Interaction; Prisoners Dilemma; Repetition; Tragedy of the Commons EDIRC Provider-Institution: RePEc:edi:smlatau;
Other versions of this item:
- Damien S Eldridge, 2008. "Sharing the greenhouse: Inducing cooperation in a global common," Working Papers 2008.07, School of Economics, La Trobe University.
- C72 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory - - - Noncooperative Games
- C73 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory - - - Stochastic and Dynamic Games; Evolutionary Games
- D62 - Microeconomics - - Welfare Economics - - - Externalities
- D74 - Microeconomics - - Analysis of Collective Decision-Making - - - Conflict; Conflict Resolution; Alliances
- H23 - Public Economics - - Taxation, Subsidies, and Revenue - - - Externalities; Redistributive Effects; Environmental Taxes and Subsidies
- H41 - Public Economics - - Publicly Provided Goods - - - Public Goods
- Q54 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Climate; Natural Disasters
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The Economic Society of Australia, vol. 85(270), pages 344-349, 09.
- Damien S Eldridge, 2007. "Multiple Interactions and the Management of Local Commons," Working Papers 2007.07, School of Economics, La Trobe University.
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