Large, Self-Enforcing Climate Coalitions: An Integrated Analysis of Farsighted Countries
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2 Nov 2021
12:45-14:00, ONLINE only
- Economic Theory Lunchtime Workshop Add to Calendar
Speaker: Sareh Vosooghi
University of Oxford
(joint with Maria Arvaniti and Rick van der Ploeg)
Abstract: By taking into account long-run incentives of countries and climate dynamics of their energy consumption, we examine the formation of international climate coalitions. We show that the number of signatories of climate treaties is always a Tribonacci number. In an infinite-horizon general equilibrium model of economy and climate, we suggest a simple algorithm to fully characterise the equilibrium coalition structure.
The Economic Theory Lunchtime Workshops are convened by Meg Meyer.