IDEAS home Printed from https://ideas.repec.org/a/mhr/jinste/urnsici0932-4569(199909)1553_527ieahtp_2.0.tx_2-j.html
   My bibliography  Save this article

International Environmental Agreements: How the Policy Instrument Affects Equilibrium Emissions and Welfare

Author

Listed:
  • Alfred Endres
  • Michael Finus

Abstract

Two countries, differing with respect to opportunity cost of abatement and evironmental damage cost, negotiating joint emission reductions are considered. The bargaining process is analyzed in two policy regimes: Emission tax and transferable discharge permits. Emissions and welfare of the bargaining equilibria under these regimes are compared to each other and to the social optimum. The conditions for the superiority of the tax over the permit regime and vice versa are specified.

Suggested Citation

  • Alfred Endres & Michael Finus, 1999. "International Environmental Agreements: How the Policy Instrument Affects Equilibrium Emissions and Welfare," Journal of Institutional and Theoretical Economics (JITE), Mohr Siebeck, Tübingen, vol. 155(3), pages 527-527, September.
  • Handle: RePEc:mhr:jinste:urn:sici:0932-4569(199909)155:3_527:ieahtp_2.0.tx_2-j
    as

    Download full text from publisher

    To our knowledge, this item is not available for download. To find whether it is available, there are three options:
    1. Check below whether another version of this item is available online.
    2. Check on the provider's web page whether it is in fact available.
    3. Perform a search for a similarly titled item that would be available.

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Gallier, Carlo & Kesternich, Martin & Sturm, Bodo, 2014. "On the Choice and the Effects of Rule-Based Contribution Schemes in Public Good Games," Annual Conference 2014 (Hamburg): Evidence-based Economic Policy 100421, Verein für Socialpolitik / German Economic Association.
    2. Winkler, Ralph, 2009. "Now or Never: Environmental Protection under Hyperbolic Discounting," Economics - The Open-Access, Open-Assessment E-Journal, Kiel Institute for the World Economy (IfW), vol. 3, pages 1-22.
    3. Partha Dasgupta & Dale Southerton & Alistair Ulph & David Ulph, 2016. "Consumer Behaviour with Environmental and Social Externalities: Implications for Analysis and Policy," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 65(1), pages 191-226, September.
    4. Alejandro Caparrós, 2016. "Bargaining and International Environmental Agreements," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 65(1), pages 5-31, September.
    5. Wolfgang Buchholz & Alexander Haupt & Wolfgang Peters, 2016. "Equity as a Prerequisite for Stability of Cooperation on Global Public Good Provision," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 65(1), pages 61-78, September.
    6. Carlo Gallier & Martin Kesternich & Bodo Sturm, 2017. "Voting for Burden Sharing Rules in Public Goods Games," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 67(3), pages 535-557, July.
    7. Michael Finus & Bianca Rundshagen, 2015. "Game Theory and Environmental and Resource Economics–In Honour of Alfred Endres," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 62(4), pages 657-664, December.
    8. Michael Finus & Bianca Rundshagen, 1998. "Renegotiation–Proof Equilibria in a Global Emission Game When Players Are Impatient," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 12(3), pages 275-306, October.

    More about this item

    JEL classification:

    • Q20 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Renewable Resources and Conservation - - - General
    • Q28 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Renewable Resources and Conservation - - - Government Policy

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:mhr:jinste:urn:sici:0932-4569(199909)155:3_527:ieahtp_2.0.tx_2-j. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Thomas Wolpert). General contact details of provider: https://www.mohr.de/jite .

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.