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Coordinating to Protect the Global Climate

Author

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  • Alessandro Tavoni

    (Grantham Research Institute, London School of Economics and Fondazione Eni Enrico Mattei)

Abstract

Efforts to provide global public goods clash with the challenges of coordinating contributions and distributing costs equitably. In this experimental setting, the researchers distribute endowments unequally among a group of people who can reach a target sum through successive contributions. Results suggest that coordination-promoting institutions and early redistribution are decisive for the avoidance of global calamities.

Suggested Citation

  • Alessandro Tavoni, 2012. "Coordinating to Protect the Global Climate," Review of Environment, Energy and Economics - Re3, Fondazione Eni Enrico Mattei, April.
  • Handle: RePEc:fem:femre3:2012.04-01
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    References listed on IDEAS

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    More about this item

    Keywords

    Climate Change;

    JEL classification:

    • Q5 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics

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