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- W3123668944 abstract "When politicians negotiate in international climate conventions they may suffer from incomplete information about each other's preferences about reaching an agreement. As is known, this may cause failure to reach an efficient cooperative agreement. We study the role of the clean development mechanism (CDM) for the likelihood of such failure. The CDM has been introduced in the context of the Kyoto Protokol to allow countries to make efficiency enhancing use of cross-country low-cost mitigation opportunities. We use a simple bargaining framework to uncover why this mechanism may reduce the likelihood for reaching an efficient cooperative climate agreement." @default.
- W3123668944 created "2021-02-01" @default.
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- W3123668944 date "2014-11-01" @default.
- W3123668944 modified "2023-09-27" @default.
- W3123668944 title "Does a Clean Development Mechanism Facilitate International Environmental Agreements" @default.
- W3123668944 hasPublicationYear "2014" @default.
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