Piercing the Veil of Uncertainty in Transboundary Pollution Agreements

  title={Piercing the Veil of Uncertainty in Transboundary Pollution Agreements},
  author={Charles D. Kolstad},
This paper addresses the question of how uncertainty in costs and benefits affects the difficulty of reaching a voluntary agreement among sovereign states. A measure of “difficulty” is constructed relating to side-payments necessary to make an agreement a Pareto-improving move. Using a simple model, it is shown that uncertainty actually makes agreement easier. * Donald Bren Professor of Environmental Economics and Policy, Bren School of Environmental Science and Management and Department of… CONTINUE READING

From This Paper

Figures, tables, and topics from this paper.


Publications referenced by this paper.
Showing 1-10 of 18 references

International Environmental Agreements with a Stock Pollutant, Uncertainty and Learning,

Ulph, Alistair

International Cooperation Behind the Veil of Uncertainty,

Helm, Carsten
Environmental and Resource Economics, • 1998

The Core of an Economy with Multilateral Environmental Externalities,

Chander, Parkash, Henri Tulkens
Int’l J. Game Theory, • 1997

Uncertainty, Learning and International Environmental Policy Coordination,

Ulph, Alistair, David Maddison
Environmental and Resource Economics, • 1997

Bringing GATT into the Core

C. Kowalczyk, T. Sjöström
J . Public Econ . • 1996

Environmental consciousness and moral hazard in international agreements to protect the environment

E. Petrakis, A. Xepapadeas
J . Public Economics • 1996
View 1 Excerpt

Fundamental Irreversibilities in Stock Externalities,

Kolstad, Charles
J. Public Econ., • 1996

Who Gains from Learning about Global Warrming?,

Ulph, Alistair, David Ulph
Ekko C. van Ierland and Kazimierz Gorka (Eds), Economics of Atmospheric Pollution (Springer-Verlag, Berlin, • 1996

International Governance: Protecting the Environment in a Stateless Society (Cornell

Young, Oran

International Macroeconomic Policy Coordination : When Policy Makers Do Not Agree on the True Model

K. Rockett
Annals of Operations Research • 1994

Similar Papers

Loading similar papers…