Coordinating to Protect the Global Climate
London School of Economics & Political Science (LSE); Princeton University - Department of Ecology and Evolutionary Biology; Fondazione Eni Enrico Mattei (FEEM)
April 11, 2012
Review of Environment, Energy and Economics (Re3), April 11, 2012
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.
Number of Pages in PDF File: 6
Keywords: Climate Change
JEL Classification: Q5
Date posted: April 11, 2012
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