Toward a Framework for Implementation of Climate Change Treaty through Self-enforcing Mechanisms

Published By: ICRIER on eSS | Published Date: January, 20 , 2012

The paper discusses the pros and cons of the already proposed international cooperative mechanisms toward climate change mitigation and highlights the problem of information revelation, particularly related to the abatement issues. In this context, it attempts to outline a structure of a selfenforcing burden sharing mechanism for climate change mitigation in an incomplete information framework. The mechanism is an adoption of the well-known Vickrey- Clarke-Groves mechanism, widely used in mechanism design theory. [Working Paper 258]. URL:[http://www.icrier.org/pdf/Working_Papr_258.pdf].

Author(s): Meeta Keswani Mehra, Saptarshi Mukherjee, Monica Dutta | Posted on: Jan 27, 2012 | Views(1014) | Download (240)


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