Winners and Losers in a World With Global Warming: Noncooperation, Altruism, and Social Welfare
Abstract
In this paper, global warming is an asymmetric transboundary externality which benefits some countries or regions and harms others. We use a simple two-country model to analyze the e ects of global warming on resource allocations, the global-warming stock, and national and global welfare.
This paper has been withdrawn.
