Economics of International Environmental Agreements

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This book explores why international environmental agreements deal with some problems successfully but fail with others. The chapters address issues that are global in nature, such as: transboundary pollution, provision of global public goods, individual preferences of inequality-aversion, global cooperation, self-enforcing international environmental agreements, emission standards, abatement costs, environmental quota, technology agreement and adoption and international institutions. They examine the necessary conditions for the improved performance of international environmental agreements and how cooperation among countries can be improved.