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An Approach to the stability of international environmental agreements: the absorbing sets solution

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  • Olaizola Ortega, María Norma

Abstract

We study international environmental negotiations when agreements between countries can not be binding. A problem with this kind of negotiations is that countries have incentives for free-riding from such agreements. We develope a notion of equilibrium based on the assumption that countries can create and dissolve agreements in their seeking of a larger welfare. This approach leads to a larger degree of cooperation compared to models based on the internal-external stability approach.

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  • Olaizola Ortega, María Norma, 2003. "An Approach to the stability of international environmental agreements: the absorbing sets solution," IKERLANAK info:eu-repo/grantAgreeme, Universidad del País Vasco - Departamento de Fundamentos del Análisis Económico I.
    • Handle: RePEc:ehu:ikerla:6497
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    5. Iñarra García, María Elena & Kuipers, Jerome & Olaizola Ortega, María Norma, 2001. "Absorbing Sets in Coalitional Systems," BILTOKI 1134-8984, Universidad del País Vasco - Departamento de Economía Aplicada III (Econometría y Estadística).
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