Environmental Economics Seminar: Till Requate (Kiel University)
| Dates: | 28 March 2017 |
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| Times: | 13:00 - 14:00 |
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| What is it: | Seminar |
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| Organiser: | School of Social Sciences |
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| Speaker: | Prof. Dr. Till Requate |
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Title: Asymmetry Enhances Success Chances for International Climate Change Negotiations
Abstract:
Fighting climate change, in particular mitigating CO2 emissions is a global public good characterized by several dimensions, notably heterogeneity between the parties involved. It is often argued that such heterogeneity between countries is a major obstacle for cooperative climate policy. We challenge this belief by experimentally simulating two important heterogeneities: asymmetry in wealth and asymmetry in loss when dangerous climate change occurs. We find that under loss asymmetry the success rate in reaching sufficient mitigation to prevent catastrophic climate change is higher than under symmetric conditions. We also observe that neither asymmetric endowment nor the combination of endowment and loss asymmetries lead to different success rates than under symmetry. Our findings suggest that asymmetries may facilitate rather than hinder successful international climate policy negotiations.
Speaker
Prof. Dr. Till Requate
Role: Professor and Dean
Organisation: Kiel University
Travel and Contact Information
Find event
G.33
Williamson Building
Manchester
