| 来源类型 | FEEM working papers "Note di lavoro" series
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| 规范类型 | 论文
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| (Self-) Enforcement of Joint Implementation and Clean Development Mechanism Contracts |
| Josef Janssen
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| 发表日期 | 1999
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| 出处 | Climate Change and Sustainable Development
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| 出版年 | 1999
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| 语种 | 英语
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| 摘要 | International climate protection investments (Joint Implementation and Clean Development Mechanism projects) are burdened with problems of contract enforcement, which prevent the realisation of efficiency gains associated with these investments. The paper analyses this problem from the perspective of non-cooperative game theory and proposes two different solutions to the co-operation problem. The first analyses the potential role of national environmental authorities in facilitating credible commitment of the project host operating under its jurisdiction. It is argued that the threat of punishing the project host if he breaches the contract may serve this purpose. The effective level of punishment is derived. The second option involves strategic delegation of contract implementation to a third party operating under the same jurisdiction as the project host. Again, the paper explores the conditions that ensure incentive-compatibility. Both options are based on the idea that the project sponsor may commit himself credibly by becoming a Stackelberg leader. |
| 特色分类 | D21,D62,D70,F20,F23,K12,K40,Q25,Q28,Q40
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| 关键词 | Joint Implementation,Clean Development Mechanism,climate protection,international environmental agreements,international investments,contract enforcement,co-operation,incentive compatibility
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| URL | https://www.feem.it/en/publications/feem-working-papers-note-di-lavoro-series/-self-enforcement-of-joint-implementation-and-clean-development-mechanism-contracts/
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| 来源智库 | Fondazione Eni Enrico Mattei (Italy)
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| 资源类型 | 智库出版物
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| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/116406
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推荐引用方式
GB/T 7714 |
Josef Janssen. (Self-) Enforcement of Joint Implementation and Clean Development Mechanism Contracts. 1999.
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文件名：
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NDL1999-014.pdf
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格式：
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Adobe PDF
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