All Rights Reserved
AccessEcon LLC 2006, 2008.
Powered by MinhViet JSC
ralph lauren polo

 
Charles Figuières and Magali Verdonck
 
''On the Core of an Economy with Multilateral and Multidimensional Environmental Externalities''
( 2003, Vol. 3 No.3 )
 
 
For simple economic models of transfrontier pollution, Chander and Tulkens (1995) and (1997) have offered a formula for transfers to sustain international cooperation on a voluntary basis and which deter coalitionnal free-riding under some reasonable behaviours of countries not in the coalition. Their scheme rests on the assumption that pollution is a scalar. Relaxing this assumption, interesting interactions among pollutants arise that call for a new formula. In this paper we extend Chander and Tulkens formula for this more realistic multidimensional context, and thereby enhance the pratical and theoretical relevance of their seminal analysis.
 
 
Keywords: core
JEL: C7 - Game Theory and Bargaining Theory:General
H7 - State and Local Government; Intergovernmental Relations: General
 
Manuscript Received : Mar 07 2003 Manuscript Accepted : Mar 08 2003

  This abstract has been downloaded 728 times                The Full PDF of this paper has been downloaded 87715 times