Alain Haurie

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Economic efficiency is a major argument for international emissions trading under the Kyoto Protocol. We show that permit trading can be welfare decreasing for countries, even though private trading parties benefit. The result is a case of "immiserizing" growth in the sense of Bhagwati where the negative terms of trade and tax interaction effects wipe out(More)
Oracle Based Optimization (OBO) conveniently designates an approach to handle a class of convex optimization problems in which the information pertaining to the function to be minimized and/or to the feasible set takes the form of a linear outer approximation revealed by an oracle. We show, through three representative examples, how difficult problems can(More)
This paper proposes a computable dynamic game model of the strategic competition between Russia and developing countries (DCs), mainly represented by China, on the international market of emissions permits created by the Kyoto protocol. The model uses a formulation of a demand function for permits from Annex B countries and of marginal abatement costs (MAC)(More)
In this paper one uses an infinite time horizon optimal control paradigm to deal with three important issues in global climate change integrated assessment, namely the equitable treatment of all the generations involved, the representation of technical progress, and the uncertainty concerning technological progress and climate change processes. The notion(More)
This paper deals with the modeling of the strategic allocation of greenhouse gases emission allowances in the EU-wide trading market that results from Kyoto agreement implementation. An M -matrix game is formulated where the players are countries or groups of countries that may have a strategic influence through their allocation of emission allowances and(More)
In this paper, we study a class of optimal stochastic control problems involving two different time scales. The fast mode of the system is represented by deterministic state equations whereas the slow mode of the system corresponds to a jump disturbance process. Under a fundamental “ergodicity” property for a class of “infinitesimal control systems”(More)