Last 10 MemorandaPareto-Efficient Climate Agreements • September 17th, 2008
Contract Type FiledSeptember 17th, 2008Actually, for each country, q1 strictly dominates any other action of the stage game and is thus its unique best response independently of what the other countries’ abatement levels are. However, the unique symmet- ric Pareto-efficient abatement profile entails that each country abates
Last 10 MemorandaPareto-Efficient Climate Agreements • September 17th, 2008
Contract Type FiledSeptember 17th, 2008Actually, for each country, q1 strictly dominates any other action of the stage game and is thus its unique best response independently of what the other countries’ abatement levels are. However, the unique symmet- ric Pareto-efficient abatement profile entails that each country abates