Abstract
Frequently, international environmental negotiations have been analyzed in two-agent (2 × 2) games. Yet, in order to involve additional strategies, (3 × 3) games gained attention recently. We employ such a (3 × 3) game setting in order to depict international negotiations on climate change and integrate both the prisoner’s dilemma and the chicken games in this setting. We analyze transitions of negotiation states and describe how ancillary benefits and first-mover advantages influence agents’ behavior in the negotiations, when three different strategies or levels of climate protection efforts are available. Finally, we also integrate strategies to mitigate and to adapt to climate change into the analysis in the (3 × 3) game setting.
| Item Type: | Journal article |
|---|---|
| Keywords: | 2-Person games; Adaptation; Ancillary benefits; Climate change; First-mover advantage; International negotiations; Chicken game; Prisoner’s dilemma game |
| Faculties: | Economics Economics > Chairs > CESifo-Professorship for Energy, Environment and Exhaustible Resources |
| Subjects: | 300 Social sciences > 330 Economics |
| Language: | English |
| Item ID: | 19343 |
| Date Deposited: | 15. Apr 2014 08:50 |
| Last Modified: | 04. Nov 2020 13:00 |
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