Multilateral negotiations over climate change policy

Multilateral versus sequential negotiations over climate change

Multilateral negotiations over climate change policies

Negotiations in the real world have many features which tend to be ignored in policy modeling. They are often multilateral, involving many negotiating parties with preferences over outcomes that can differ substantially. They are also often multidimensional, in the sense that several policies are negotiated over simultaneously. Trade negotiations are a prime example, as are negotiations over en...

Climate Change Negotiations

The policy problem posed by climate change is daunting. Absent evidence that climate change is not a risk to human and natural systems, the world faces an unending series of difficult international negotiations about measures to limit greenhouse gas emissions. To be successful, the resulting climate regime must be able to survive over many decades, adapting to changing economic conditions, to e...

Multilateral Ranking Negotiations

In general, negotiations within a group of participants are processes, that starting with participants in some arbitrary (initial) states eventually will achieve an agreement with all participants being in the required negotiated states. Process of negotiation is performed according to a negotiation protocol. Here, an ordering of participants is taken as the negotiation goal; constructing a neg...

Thum Climate Policy Negotiations with Incomplete Information

We analyze bargaining over international climate agreements in a setting with incomplete information about abatement costs. Incomplete information is known as one of the key reasons why negotiations may fail more generally, and why efficiency gains cannot be exploited. We ask whether unilateral commitment to high abatement reduces or increases the likelihood for an efficient negotiation outcome...