A General Theory of Equilibrium Selection in Games

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Publisher : Mit Press
ISBN 13 : 9780262582384
Total Pages : 378 pages
Book Rating : 4.5/5 (823 download)

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Book Synopsis A General Theory of Equilibrium Selection in Games by : John C. Harsanyi

Download or read book A General Theory of Equilibrium Selection in Games written by John C. Harsanyi and published by Mit Press. This book was released on 1988 with total page 378 pages. Available in PDF, EPUB and Kindle. Book excerpt: The authors, two of the most prominent game theorists of this generation, have devoted a number of years to the development of the theory presented here, and to its economic applications. They propose rational criteria for selecting one particular uniformly perfect equilibrium point as the solution of any noncooperative game. And, because any cooperative game can be remodelled as a noncooperative bargaining game, their theory defines a one-point solution for any cooperative game as well.By providing solutions - based on the same principles of rational behavior - for all classes of games, both cooperative and noncooperative, both those with complete and with incomplete information, Harsanyi and Selten's approach achieves a remarkable degree of theoretical unification for game theory as a whole and provides a deeper insight into the nature of game-theoretic rationality.The book applies this theory to a number of specific game classes, such as unanimity games; bargaining with transaction costs; trade involving one seller and several buyers; two-person bargaining with incomplete information on one side, and on both sides. The last chapter discusses the relationship of the authors' theory to other recently proposed solution concepts, particularly the Kohberg-Mertens stability theory.John C. Harsanyi is Flood Research Professor in Business Administration and Professor of Economics, University of California, Berkeley. Reinhard Selten is Professor of Economics Institute of Social and Economic Sciences: University of Bonn, Federal Republic of Germany.

Confronting Climate Uncertainty in Water Resources Planning and Project Design

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Publisher : World Bank Publications
ISBN 13 : 1464804788
Total Pages : 149 pages
Book Rating : 4.4/5 (648 download)

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Book Synopsis Confronting Climate Uncertainty in Water Resources Planning and Project Design by : Patrick A. Ray

Download or read book Confronting Climate Uncertainty in Water Resources Planning and Project Design written by Patrick A. Ray and published by World Bank Publications. This book was released on 2015-08-20 with total page 149 pages. Available in PDF, EPUB and Kindle. Book excerpt: Confronting Climate Uncertainty in Water Resources Planning and Project Design describes an approach to facing two fundamental and unavoidable issues brought about by climate change uncertainty in water resources planning and project design. The first is a risk assessment problem. The second relates to risk management. This book provides background on the risks relevant in water systems planning, the different approaches to scenario definition in water system planning, and an introduction to the decision-scaling methodology upon which the decision tree is based. The decision tree is described as a scientifically defensible, repeatable, direct and clear method for demonstrating the robustness of a project to climate change. While applicable to all water resources projects, it allocates effort to projects in a way that is consistent with their potential sensitivity to climate risk. The process was designed to be hierarchical, with different stages or phases of analysis triggered based on the findings of the previous phase. An application example is provided followed by a descriptions of some of the tools available for decision making under uncertainty and methods available for climate risk management. The tool was designed for the World Bank but can be applicable in other scenarios where similar challenges arise.

Voluntary Environmental Agreements

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Publisher : Routledge
ISBN 13 : 1351282263
Total Pages : 747 pages
Book Rating : 4.3/5 (512 download)

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Book Synopsis Voluntary Environmental Agreements by : Patrick ten Brink

Download or read book Voluntary Environmental Agreements written by Patrick ten Brink and published by Routledge. This book was released on 2017-08-25 with total page 747 pages. Available in PDF, EPUB and Kindle. Book excerpt: Voluntary environmental agreements (VEAs) – generally agreements between government and business – have been regarded by many as a key new instrument for meeting environmental objectives in a flexible manner. Their performance to date has, however, also led to considerable criticism, with several parties arguing that they are methods for avoiding real action that goes beyond "business-as-usual". Is either of these positions justified? The aim of this book is to highlight and learn the lessons from existing experience, looking not just at results but also at specific elements of agreements and also at the process of the agreement itself. Lessons are drawn from experience from across the world, covering the full range of environmental challenges, and from the perspective of key stakeholder groups. Importantly, the book also presents tools for assessing and improving existing agreements and includes recommendations and guidelines for future agreements in key areas such as climate change. It also deals at length with the problem of how such agreements might be used in developing and transitional economies. The overall view of the book is that there is a real potential for the future use of VEAs as part of the policy mix and as a tool for sharing the responsibility for meeting environmental objectives. For the agreements to play this role, however, significant steps are needed to ensure that they are effective, efficient, equitable and appropriately linked to a portfolio of other instruments. The book is divided into four sections. First, existing agreements, their development and efficacy are considered; second, the prospects for voluntary agreements in developing and transitional economies are discussed; third, a range of authors examine the role of VEAs as part of the policy mix to combat climate change; and, finally, the book concludes with an examination of how new tools for evaluating and improving VEAs could be utilized in the future. Voluntary Environmental Agreements will be of interest not only to academics, governments and businesses wishing to understand this specific instrument, but also to those already implementing or considering applying VEAs to meet their environmental objectives.

International Trade Institutions

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Author :
Publisher : Addison Wesley Longman
ISBN 13 :
Total Pages : 116 pages
Book Rating : 4.:/5 (318 download)

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Book Synopsis International Trade Institutions by : G. J. Lanjouw

Download or read book International Trade Institutions written by G. J. Lanjouw and published by Addison Wesley Longman. This book was released on 1995 with total page 116 pages. Available in PDF, EPUB and Kindle. Book excerpt: Provides a thorough understanding of the main institutions of international trade

Decision Making under Deep Uncertainty

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Publisher : Springer
ISBN 13 : 3030052524
Total Pages : 408 pages
Book Rating : 4.0/5 (3 download)

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Book Synopsis Decision Making under Deep Uncertainty by : Vincent A. W. J. Marchau

Download or read book Decision Making under Deep Uncertainty written by Vincent A. W. J. Marchau and published by Springer. This book was released on 2019-04-04 with total page 408 pages. Available in PDF, EPUB and Kindle. Book excerpt: This open access book focuses on both the theory and practice associated with the tools and approaches for decisionmaking in the face of deep uncertainty. It explores approaches and tools supporting the design of strategic plans under deep uncertainty, and their testing in the real world, including barriers and enablers for their use in practice. The book broadens traditional approaches and tools to include the analysis of actors and networks related to the problem at hand. It also shows how lessons learned in the application process can be used to improve the approaches and tools used in the design process. The book offers guidance in identifying and applying appropriate approaches and tools to design plans, as well as advice on implementing these plans in the real world. For decisionmakers and practitioners, the book includes realistic examples and practical guidelines that should help them understand what decisionmaking under deep uncertainty is and how it may be of assistance to them. Decision Making under Deep Uncertainty: From Theory to Practice is divided into four parts. Part I presents five approaches for designing strategic plans under deep uncertainty: Robust Decision Making, Dynamic Adaptive Planning, Dynamic Adaptive Policy Pathways, Info-Gap Decision Theory, and Engineering Options Analysis. Each approach is worked out in terms of its theoretical foundations, methodological steps to follow when using the approach, latest methodological insights, and challenges for improvement. In Part II, applications of each of these approaches are presented. Based on recent case studies, the practical implications of applying each approach are discussed in depth. Part III focuses on using the approaches and tools in real-world contexts, based on insights from real-world cases. Part IV contains conclusions and a synthesis of the lessons that can be drawn for designing, applying, and implementing strategic plans under deep uncertainty, as well as recommendations for future work. The publication of this book has been funded by the Radboud University, the RAND Corporation, Delft University of Technology, and Deltares.

International Environmental Governance

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Author :
Publisher : Nordic Council of Ministers
ISBN 13 : 9289360801
Total Pages : 106 pages
Book Rating : 4.2/5 (893 download)

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Book Synopsis International Environmental Governance by : Niko Urho

Download or read book International Environmental Governance written by Niko Urho and published by Nordic Council of Ministers. This book was released on 2019-02-20 with total page 106 pages. Available in PDF, EPUB and Kindle. Book excerpt: A plethora of environmental problems are ravaging the planet and its inhabitants. How well do existing structures convene governments to address these challenges? What is the role of science and civil society in this context? And, does international cooperation properly support countries with limited capacities? This report seeks to respond to these questions, based on an analysis of actions taken to renew international environmental governance to fulfill commitments made at the UN Conference on Sustainable Development (Rio+20) in 2012. This report outlines possibilities to strengthen the UN Environment Programme and to enhance synergies among global environmental conventions to ensure that international environmental governance continues evolving and improving to secure human well-being and planetary health.

The Rational Design of International Institutions

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Publisher : Cambridge University Press
ISBN 13 : 9781139449120
Total Pages : 372 pages
Book Rating : 4.4/5 (491 download)

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Book Synopsis The Rational Design of International Institutions by : Barbara Koremenos

Download or read book The Rational Design of International Institutions written by Barbara Koremenos and published by Cambridge University Press. This book was released on 2003-12-08 with total page 372 pages. Available in PDF, EPUB and Kindle. Book excerpt: International institutions vary widely in terms of key institutional features such as membership, scope, and flexibility. In this 2004 book, Barbara Koremenos, Charles Lipson, and Duncan Snidal argue that this is so because international actors are goal-seeking agents who make specific institutional design choices to solve the particular cooperation problems they face in different issue-areas. Using a Rational Design approach, they explore five features of institutions - membership, scope, centralization, control, and flexibility - and explain their variation in terms of four independent variables that characterize different cooperation problems: distribution, number of actors, enforcement, and uncertainty. The contributors to the volume then evaluate a set of conjectures in specific issue areas ranging from security organizations to trade structures to rules of war to international aviation. Alexander Wendt appraises the entire Rational Design model of evaluating international organizations and the authors respond in a conclusion that sets forth both the advantages and disadvantages of such an approach.

Handbook of Sustainable Development

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Publisher : Edward Elgar Publishing
ISBN 13 : 1782544704
Total Pages : 621 pages
Book Rating : 4.7/5 (825 download)

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Book Synopsis Handbook of Sustainable Development by : Giles Atkinson

Download or read book Handbook of Sustainable Development written by Giles Atkinson and published by Edward Elgar Publishing. This book was released on 2014-09-26 with total page 621 pages. Available in PDF, EPUB and Kindle. Book excerpt: This timely and important Handbook takes stock of progress made in our understanding of what sustainable development actually is and how it can be measured and achieved.ø

Toward a New Climate Agreement

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Publisher : Routledge
ISBN 13 : 1136163581
Total Pages : 329 pages
Book Rating : 4.1/5 (361 download)

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Book Synopsis Toward a New Climate Agreement by : Todd Cherry

Download or read book Toward a New Climate Agreement written by Todd Cherry and published by Routledge. This book was released on 2014-03-05 with total page 329 pages. Available in PDF, EPUB and Kindle. Book excerpt: Climate change is one of the most pressing problems facing the global community. Although most states agree that climate change is occurring and is at least partly the result of humans’ reliance on fossil fuels, managing a changing global climate is a formidable challenge. Underlying this challenge is the fact that states are sovereign, governed by their own laws and regulations. Sovereignty requires that states address global problems such as climate change on a voluntary basis, by negotiating international agreements. Despite a consensus on the need for global action, many questions remain concerning how a meaningful international climate agreement can be realized. This book brings together leading experts to speak to such questions and to offer promising ideas for the path toward a new climate agreement. Organized in three main parts, it examines the potential for meaningful climate cooperation. Part 1 explores sources of conflict that lead to barriers to an effective climate agreement. Part 2 investigates how different processes influence states’ prospects of resolving their differences and of reaching a climate agreement that is more effective than the current Kyoto Protocol. Finally, part 3 focuses on governance issues, including lessons learned from existing institutional structures. The book is unique in that it brings together the voices of experts from many disciplines, such as economics, political science, international law, and natural science. The authors are academics, practitioners, consultants and advisors. Contributions draw on a variety of methods, and include both theoretical and empirical studies. The book should be of interest to scholars and graduate students in the fields of economics, political science, environmental law, natural resources, earth sciences, sustainability, and many others. It is directly relevant for policy makers, stakeholders and climate change negotiators, offering insights into the role of uncertainty, fairness, policy linkage, burden sharing and alternative institutional designs.

Advancing the Science of Climate Change

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Publisher : National Academies Press
ISBN 13 : 0309145880
Total Pages : 526 pages
Book Rating : 4.3/5 (91 download)

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Book Synopsis Advancing the Science of Climate Change by : National Research Council

Download or read book Advancing the Science of Climate Change written by National Research Council and published by National Academies Press. This book was released on 2011-01-10 with total page 526 pages. Available in PDF, EPUB and Kindle. Book excerpt: Climate change is occurring, is caused largely by human activities, and poses significant risks for-and in many cases is already affecting-a broad range of human and natural systems. The compelling case for these conclusions is provided in Advancing the Science of Climate Change, part of a congressionally requested suite of studies known as America's Climate Choices. While noting that there is always more to learn and that the scientific process is never closed, the book shows that hypotheses about climate change are supported by multiple lines of evidence and have stood firm in the face of serious debate and careful evaluation of alternative explanations. As decision makers respond to these risks, the nation's scientific enterprise can contribute through research that improves understanding of the causes and consequences of climate change and also is useful to decision makers at the local, regional, national, and international levels. The book identifies decisions being made in 12 sectors, ranging from agriculture to transportation, to identify decisions being made in response to climate change. Advancing the Science of Climate Change calls for a single federal entity or program to coordinate a national, multidisciplinary research effort aimed at improving both understanding and responses to climate change. Seven cross-cutting research themes are identified to support this scientific enterprise. In addition, leaders of federal climate research should redouble efforts to deploy a comprehensive climate observing system, improve climate models and other analytical tools, invest in human capital, and improve linkages between research and decisions by forming partnerships with action-oriented programs.

Global Trends 2040

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Publisher : Cosimo Reports
ISBN 13 : 9781646794973
Total Pages : 158 pages
Book Rating : 4.7/5 (949 download)

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Book Synopsis Global Trends 2040 by : National Intelligence Council

Download or read book Global Trends 2040 written by National Intelligence Council and published by Cosimo Reports. This book was released on 2021-03 with total page 158 pages. Available in PDF, EPUB and Kindle. Book excerpt: "The ongoing COVID-19 pandemic marks the most significant, singular global disruption since World War II, with health, economic, political, and security implications that will ripple for years to come." -Global Trends 2040 (2021) Global Trends 2040-A More Contested World (2021), released by the US National Intelligence Council, is the latest report in its series of reports starting in 1997 about megatrends and the world's future. This report, strongly influenced by the COVID-19 pandemic, paints a bleak picture of the future and describes a contested, fragmented and turbulent world. It specifically discusses the four main trends that will shape tomorrow's world: - Demographics-by 2040, 1.4 billion people will be added mostly in Africa and South Asia. - Economics-increased government debt and concentrated economic power will escalate problems for the poor and middleclass. - Climate-a hotter world will increase water, food, and health insecurity. - Technology-the emergence of new technologies could both solve and cause problems for human life. Students of trends, policymakers, entrepreneurs, academics, journalists and anyone eager for a glimpse into the next decades, will find this report, with colored graphs, essential reading.

America's Climate Choices

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Publisher : National Academies Press
ISBN 13 : 0309145856
Total Pages : 134 pages
Book Rating : 4.3/5 (91 download)

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Book Synopsis America's Climate Choices by : National Research Council

Download or read book America's Climate Choices written by National Research Council and published by National Academies Press. This book was released on 2011-06-11 with total page 134 pages. Available in PDF, EPUB and Kindle. Book excerpt: Climate change is occurring. It is very likely caused by the emission of greenhouse gases from human activities, and poses significant risks for a range of human and natural systems. And these emissions continue to increase, which will result in further change and greater risks. America's Climate Choices makes the case that the environmental, economic, and humanitarian risks posed by climate change indicate a pressing need for substantial action now to limit the magnitude of climate change and to prepare for adapting to its impacts. Although there is some uncertainty about future risk, acting now will reduce the risks posed by climate change and the pressure to make larger, more rapid, and potentially more expensive reductions later. Most actions taken to reduce vulnerability to climate change impacts are common sense investments that will offer protection against natural climate variations and extreme events. In addition, crucial investment decisions made now about equipment and infrastructure can "lock in" commitments to greenhouse gas emissions for decades to come. Finally, while it may be possible to scale back or reverse many responses to climate change, it is difficult or impossible to "undo" climate change, once manifested. Current efforts of local, state, and private-sector actors are important, but not likely to yield progress comparable to what could be achieved with the addition of strong federal policies that establish coherent national goals and incentives, and that promote strong U.S. engagement in international-level response efforts. The inherent complexities and uncertainties of climate change are best met by applying an iterative risk management framework and making efforts to significantly reduce greenhouse gas emissions; prepare for adapting to impacts; invest in scientific research, technology development, and information systems; and facilitate engagement between scientific and technical experts and the many types of stakeholders making America's climate choices.

Environment and Trade

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Publisher : UNEP/Earthprint
ISBN 13 : 1895536219
Total Pages : 96 pages
Book Rating : 4.8/5 (955 download)

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Book Synopsis Environment and Trade by : International Institute for Sustainable Development

Download or read book Environment and Trade written by International Institute for Sustainable Development and published by UNEP/Earthprint. This book was released on 2000 with total page 96 pages. Available in PDF, EPUB and Kindle. Book excerpt: Reference tool to facilitate broader understanding and awareness of relationship between environment and trade which can then become the basis on which fair and environmentally sustainable policies and trade flows are built.

The Endogenous Formation of Economic Coalitions

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Publisher : Edward Elgar Publishing
ISBN 13 : 9781781009888
Total Pages : 274 pages
Book Rating : 4.0/5 (98 download)

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Book Synopsis The Endogenous Formation of Economic Coalitions by : Carlo Carraro

Download or read book The Endogenous Formation of Economic Coalitions written by Carlo Carraro and published by Edward Elgar Publishing. This book was released on 2003-01-01 with total page 274 pages. Available in PDF, EPUB and Kindle. Book excerpt: Some of the specific topics addressed include: advances in the theory of large co-operative games; non co-operative models of coalition formation; a survey of the partition function in the formation of coalitions; far-sightedness in coalition formation; coalition stability; coalition formation in industrialized economics, trade theory, environmental economics and public finance.

International Environmental Law

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Publisher : Cambridge University Press
ISBN 13 : 1108539971
Total Pages : 597 pages
Book Rating : 4.1/5 (85 download)

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Book Synopsis International Environmental Law by : Pierre-Marie Dupuy

Download or read book International Environmental Law written by Pierre-Marie Dupuy and published by Cambridge University Press. This book was released on 2018-06-07 with total page 597 pages. Available in PDF, EPUB and Kindle. Book excerpt: International Environmental Law offers a concise, conceptually clear, and legally rigorous introduction to contemporary international environmental law and practice. The book covers all major environmental agreements, paying particular attention to their underlying structure, main legal provisions, and practical operation. It blends legal and policy analysis, making extensive reference to the jurisprudence and scholarship, and addressing the interconnections with other areas of international law, including human rights, humanitarian law, trade and foreign investment. The material is structured into four sections - foundations, substantive regulation, implementation, and influence on other areas of international law - which help the reader to navigate the different areas of international environmental law. Each chapter includes charts summarising the main components of the relevant legal frameworks and provides a detailed bibliography. Suitable for practicing and academic international lawyers who want an accessible, up-to-date introduction to contemporary international environmental law, as well as non-lawyers seeking a concise and clear understanding of the subject.

Game Theory and International Environmental Cooperation

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Author :
Publisher : Edward Elgar Publishing
ISBN 13 : 9781782545095
Total Pages : 0 pages
Book Rating : 4.5/5 (45 download)

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Book Synopsis Game Theory and International Environmental Cooperation by : Michael Finus

Download or read book Game Theory and International Environmental Cooperation written by Michael Finus and published by Edward Elgar Publishing. This book was released on 2015 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: This text investigates various strategies to provide countries with an incentive to accede, agree and comply to an international environmental agreement.

The Continent of International Law

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Author :
Publisher : Cambridge University Press
ISBN 13 : 1316586375
Total Pages : 457 pages
Book Rating : 4.3/5 (165 download)

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Book Synopsis The Continent of International Law by : Barbara Koremenos

Download or read book The Continent of International Law written by Barbara Koremenos and published by Cambridge University Press. This book was released on 2016-03-29 with total page 457 pages. Available in PDF, EPUB and Kindle. Book excerpt: Every year, states negotiate, conclude, sign, and give effect to hundreds of new international agreements. Koremenos argues that the detailed design provisions of such agreements matter for phenomena that scholars, policymakers, and the public care about: when and how international cooperation occurs and is maintained. Theoretically, Koremenos develops hypotheses regarding how cooperation problems like incentives to cheat can be confronted and moderated through law's detailed design provisions. Empirically, she exploits her data set composed of a random sample of international agreements in economics, the environment, human rights and security. Her theory and testing lead to a consequential discovery: considering the vagaries of international politics, international cooperation looks more law-like than anarchical, with the detailed provisions of international law chosen in ways that increase the prospects and robustness of cooperation. This nuanced and sophisticated 'continent of international law' can speak to scholars in any discipline where institutions, and thus institutional design, matter.