Common Contracts

2 similar Pareto-Efficient Climate Agreements contracts

Last 10 Memoranda
Pareto-Efficient Climate Agreements • September 17th, 2008

Actually, 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

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Last 10 Memoranda
Pareto-Efficient Climate Agreements • September 17th, 2008

Actually, 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

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