We reexamine the analysis of Barrett (2001), that explores the size of a self-enforcing international environmental agreements. Barrett stresses that the key feature to realize the self-enforcing agreement is asymmetries among countries, but we get the following results; certain condition that usually does not hold is required for the Barrett's solution, so it is necessary to reconsider the model settings.
|Published - 2006
All Science Journal Classification (ASJC) codes
- Economics, Econometrics and Finance(all)