IDEAS home Printed from https://ideas.repec.org/a/rse/wpaper/v5y2013i1p100-105.html
   My bibliography  Save this article

Cooperation is essential for 2 centigrade degrees Target: a new perspective from the Dynamic Game Model

Author

Listed:
  • Jin Zhugang

    (School of Environment, Tsinghua University, Beijing, China and Center for Earth System Science, Tsinghua University, Beijing, China)

  • Can Wang

    (School of Environment, Tsinghua University, Beijing, China and Center for Earth System Science, Tsinghua University, Beijing, China)

  • Wenjia Cai

    (Center for Earth System Science, Tsinghua University, Beijing, China)

Abstract

A theoretical country-level dynamic game model involving both the particularity of climate change investment and individual's subjective initiatives is put forward. Positive, negative, spillover effects of climate change investment and the individual's dynamic strategies are distinguished and involved into the theoretical model. With numerical simulation and sensitivity analyses, the essentiality of cooperation for 2C target is then proved. The lack of self-driven force for cooperation in climate negotiation is further explained from the perspective of game theory. In addition, the feasibilities to realize generalized Pareto improvement with effective compensation and benefit transfer mechanisms are also confirmed.

Suggested Citation

  • Jin Zhugang & Can Wang & Wenjia Cai, 2013. "Cooperation is essential for 2 centigrade degrees Target: a new perspective from the Dynamic Game Model," Review of Applied Socio-Economic Research, Pro Global Science Association, vol. 5(1), pages 100-105, June.
  • Handle: RePEc:rse:wpaper:v:5:y:2013:i:1:p:100-105
    as

    Download full text from publisher

    File URL: http://reaser.eu/RePec/rse/wpaper/R5_11_ZhugangJin_p100_105.pdf
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Chander, Parkash & Tulkens, Henry, 2006. "Cooperation, Stability and Self-Enforcement in International Environmental Agreements: A Conceptual Discussion," Coalition Theory Network Working Papers 12170, Fondazione Eni Enrico Mattei (FEEM).
    2. Chander, Parkash & Tulkens, Henry, 2006. "Cooperation, Stability and Self-Enforcement in International Environmental Agreements: A Conceptual Discussion," Coalition Theory Network Working Papers 12170, Fondazione Eni Enrico Mattei (FEEM).
    3. Melissa Dell & Benjamin F. Jones & Benjamin A. Olken, 2009. "Temperature and Income: Reconciling New Cross-Sectional and Panel Estimates," American Economic Review, American Economic Association, vol. 99(2), pages 198-204, May.
    4. Pindyck, Robert S., 2012. "Uncertain outcomes and climate change policy," Journal of Environmental Economics and Management, Elsevier, vol. 63(3), pages 289-303.
    5. Peter Wood, 2010. "Climate Change and Game Theory," Environmental Economics Research Hub Research Reports 1062, Environmental Economics Research Hub, Crawford School of Public Policy, The Australian National University.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Dritan Osmani & Richard S.J. Tol, 2008. "Evolution in time of Farsightedly Stable Coalitions: An Application of FUND," Working Papers FNU-162, Research unit Sustainability and Global Change, Hamburg University, revised May 2008.
    2. Melissa Dell & Benjamin F. Jones & Benjamin A. Olken, 2014. "What Do We Learn from the Weather? The New Climate-Economy Literature," Journal of Economic Literature, American Economic Association, vol. 52(3), pages 740-798, September.
    3. Luca Gerotto & Paolo Pellizzari, 2021. "A replication of Pindyck’s willingness to pay: on the efforts required to obtain results," SN Business & Economics, Springer, vol. 1(5), pages 1-25, May.
    4. Christoph Hambel & Holger Kraft & Eduardo Schwartz, 2015. "Optimal Carbon Abatement in a Stochastic Equilibrium Model with Climate Change," NBER Working Papers 21044, National Bureau of Economic Research, Inc.
    5. Robert S. Pindyck, 2011. "Modeling the Impact of Warming in Climate Change Economics," NBER Chapters, in: The Economics of Climate Change: Adaptations Past and Present, pages 47-71, National Bureau of Economic Research, Inc.
    6. BRECHET, Thierry & GERARD, François & TULKENS, Henry, 2007. "Climate coalitions: a theoretical and computational appraisal," LIDAM Discussion Papers CORE 2007003, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE).
    7. Letta, Marco & Montalbano, Pierluigi & Tol, Richard S.J., 2018. "Temperature shocks, short-term growth and poverty thresholds: Evidence from rural Tanzania," World Development, Elsevier, vol. 112(C), pages 13-32.
    8. Robert S. Pindyck, 2013. "The Climate Policy Dilemma," Review of Environmental Economics and Policy, Association of Environmental and Resource Economists, vol. 7(2), pages 219-237, July.
    9. Beard, Rodney & Mallawaarachchi, Thilak, 2011. "Are international environmental agreements stable ex-post?," MPRA Paper 34303, University Library of Munich, Germany.
    10. Brian Chi-ang Lin & Siqi Zheng & Marco Rogna, 2016. "Cooperative Game Theory Applied To Ieas: A Comparison Of Solution Concepts," Journal of Economic Surveys, Wiley Blackwell, vol. 30(3), pages 649-678, July.
    11. Geoffrey Heal & Jisung Park, 2016. "Editor's Choice Reflections—Temperature Stress and the Direct Impact of Climate Change: A Review of an Emerging Literature," Review of Environmental Economics and Policy, Association of Environmental and Resource Economists, vol. 10(2), pages 347-362.
    12. Hambel, Christoph & Kraft, Holger & Schwartz, Eduardo, 2021. "Optimal carbon abatement in a stochastic equilibrium model with climate change," European Economic Review, Elsevier, vol. 132(C).
    13. Hambel, Christoph & Kraft, Holger & Schwartz, Eduardo S., 2019. "Optimal carbon abatement in a stochastic equilibrium model with climate change," SAFE Working Paper Series 92, Leibniz Institute for Financial Research SAFE, revised 2019.
    14. Robert S. Pindyck, 2012. "Risk and Return in Environmental Economics," NBER Working Papers 18262, National Bureau of Economic Research, Inc.
    15. Schultes, Anselm & Piontek, Franziska & Soergel, Bjoern & Rogelj, Joeri & Baumstark, Lavinia & Kriegler, Elmar & Edenhofer, Ottmar & Luderer, Gunnar, 2020. "Economic damages from on-going climate change imply deeper near-term emission cuts," MPRA Paper 103655, University Library of Munich, Germany.
    16. Gary D. Libecap, 2013. "Addressing Global Environmental Externalities: Transaction Costs Considerations," NBER Working Papers 19501, National Bureau of Economic Research, Inc.
    17. repec:dau:papers:123456789/4069 is not listed on IDEAS
    18. Gary D. Libecap, 2014. "Addressing Global Environmental Externalities: Transaction Costs Considerations," Journal of Economic Literature, American Economic Association, vol. 52(2), pages 424-479, June.
    19. Dritan Osmani & Richard S.J. Tol, 2007. "Toward Farsightedly Stable International Environmental Agreements, Part two," Working Papers FNU-149, Research unit Sustainability and Global Change, Hamburg University, revised Oct 2007.
    20. Dritan Osmani & Richard S J Tol, 2008. "A Short Note on Joint Welfare Maximization Assumption," The IUP Journal of Managerial Economics, IUP Publications, vol. 0(3), pages 22-39, August.
    21. Meißner, Nathalie, 2013. "The incentives of private companies to invest in protected area certificates: How coalitions can improve ecosystem sustainability," Ecological Economics, Elsevier, vol. 95(C), pages 148-158.

    More about this item

    Keywords

    climate change negotiation; Game model; Cooperation; 2 centigrade degrees;
    All these keywords.

    JEL classification:

    • C70 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory - - - General

    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:rse:wpaper:v:5:y:2013:i:1:p:100-105. See general information about how to correct material in RePEc.

    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.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with 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.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Manuela Epure (email available below). General contact details of provider: https://edirc.repec.org/data/pgsaaea.html .

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

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.