May 20, 2010, Peter Cramton and Steven Stoft Presented by Peter Cramton, at the World Bank in Washington DC. This talk contains a new section on game theory, explaining (1) Why cap-and-trade causes the polarization of developed and developing countries that has been growing since Kyoto and derailed Copenhagen, and (2) How the Green Fund can be linked to a global-carbon-price target to make the outcome of the global climate-policy game far more cooperative and efficient. See also the new game theory paper, and cap-trade game-theory discussion. |
Library > 2010 GEPC Documents >