Game-Theory Lessons for Climate Policy- First achieve cooperation then strengthen commitments. (Al Gore explains.)
- Include penalties for non-compliance. (D&S pp. 85, 96)
- Detect cheating quickly and accurate (D&S p. 84)
- All countries should have a common interest in the key design parameters. (p. 97)
Game theory and international agreementsA news feature in the November issue of Nature Reports Climate Change explains the failure of climate negotiatoins. - Lack of enforcement reduces the cooperativeness of the most cooperative players.
- (Why cooperate if others can cheat on you?)
- The focus on targets and timetables is risky.
- Rewards for agreement by developing countries are needed, but lacking.
- Agreement needs to be reached first among a small number of countries.
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