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- W2079555995 abstract "The paper combines predictions on greenhouse warming, CO2 abatement costs and adaptation costs in a differential game framework. The analysis incorporates N unequal countries and environmental dynamics with two state variables. The nonautonomous model is solved in closed form. Abatement cost parameters are calibrated with a global energy sector model and climate parameters are based on empirical time series. Simulation suggests that backstop technologies may imply drastic cuts in optimal emission levels. Compared with the Nash noncooperative equilibrium a Pareto optimal agreement is found to be beneficial for developing countries but more costly for the industrial world." @default.
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- W2079555995 title "Carbon dioxide abatement as a differential game" @default.
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- W2079555995 doi "https://doi.org/10.1016/0176-2680(94)90033-7" @default.
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