International treaties on global pollution: a dynamic time-path analysis

Chander, Parkash
(1998)

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  • Chander, ParkashUCLouvain
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Abstract
In this paper we show that the formation of coalitions by subsets of countries might diminish the likelihood of a successful world-wide treaty on global pollution. Non-member countries may be less willing to sign a world-wide treaty than they would be in the absence of such coalitions. In fact, the coalition formation may raise the reservation utility of non-member countries above the world-wide treaty level and thus take away their incentives to sign it.
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Chander, P. (1998). International treaties on global pollution: a dynamic time-path analysis (CORE Discussion Papers 1998/54). https://hdl.handle.net/2078.5/32718