A game-theoretic formulation of joint implementation of environmental projects

The aim of this paper is to provide a game-theoretic interpretation of joint implementation in environmental projects and to assess the merit of such a strategy. More specifically, we consider a two-player game and solve it under three different cases. In the first case, countries play a non-cooperative game and optimize their welfare under an environmental constraint without having access to joint implementation. In the second case, we assume countries do have access to JI, which allows us to assess its merits by comparing the players

• Type: Journal
• Year: 2006
• Where: EOR
• Authors: Michèle Breton, Georges Zaccour, Mehdi Zahaf
• Keywords: Environmental Constraint, EOR 2006, Joint Implementation, Welfare