This chapter compares nationally optimal (Nash equilibrium) to internationally optimal (Pareto efficient) emission permit levels in a two-country overlapping generations model with national emission permit systems and the environment as a global public good. When each …
CITATION STYLE
Farmer, K., & Schelnast, M. (2013). Nationally and Internationally Optimal Climate Policies (pp. 391–411). https://doi.org/10.1007/978-3-642-33669-0_17
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