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Financial Transfers to Sustain Cooperative International Optimality in Stock Pollutant Abatement

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Type: Book Chapter
Author: Germain, Marc; Toint, Philippe; Tulkens, Henry
Book Title: Sustainability and Firms: Technological Change and the Changing Regulatory Environment
Publisher: Edward Elgar
Location: Cheltenham
Page(s): 205-219
Date: 1998
URI: https://hdl.handle.net/10535/5784
Sector: Global Commons
Subject(s): simulations
international relations
Abstract: "It is well known that the transnational character of many environmental problems (for example, greenhouse gas emissions, acid rain, pollution of international waters) requires cooperation among the countries involved if a social optimum is to be achieved. The issues raised thereby have often been addressed, in the economic literature, using concepts borrowed from cooperative game theory."

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