The Green Fund Game

The Global Climate Problem and a New Approach
 ( under construction 6/27/2012 )

  • Global Climate Games: How Pricing and a Green Fund Foster Cooperation. Summary & link.
  1. Why global cap and trade fails
    1. Without a treaty, the climate game is a multi-party prisoner's dilemma
    2. In self interest, each country chooses too little abatement.
    3. Cap-and-trade allows them
  2. A strategic approach to treaty design
  3. under construction 6/10/2012