Coordinating to Protect the Global Climate
6 Pages Posted: 11 Apr 2012
Date Written: April 11, 2012
Abstract
Efforts to provide global public goods clash with the challenges of coordinating contributions and distributing costs equitably. In this experimental setting, the researchers distribute endowments unequally among a group of people who can reach a target sum through successive contributions. Results suggest that coordination-promoting institutions and early redistribution are decisive for the avoidance of global calamities.
Keywords: Climate Change
JEL Classification: Q5
Suggested Citation: Suggested Citation
Tavoni, Alessandro, Coordinating to Protect the Global Climate (April 11, 2012). Review of Environment, Energy and Economics (Re3), April 11, 2012
, Available at SSRN: https://ssrn.com/abstract=2038376
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