Publisher's Synopsis
Conflicts between developed and developing countries over global environmental problems, and the fact that the cooperation required to solve environmental collective action problems is typically elusive in the world of international relations, and suggests a research agenda regarding how one might hope to bring about cooperation in an inherently non-cooperative international setting. In particular, what can economic theory tell us about the design of international environmental agreements (IEAs) that will protect the world?s fragile environmental resources? This book sheds light on this important question by compiling the most important work on IEAs. The authors of the papers in this book demonstrate the value of rigorous microeconomic and econometric modeling in comprehending the many and varied intricacies of the design and the implementation of IEAs.