Overlapping Climate Clubs: Self-Enforcing R&D Networks to Mitigate Global Warming
Free riding incentives make it difficult to control climate change. To improve the chances of the Paris Agreement’s ambitious goal, many nations are forming scientific networks in carbon capture and storage (CCS). These networks take many forms (bilateral, hub-and-spoke, and multilateral). Studies o...
| Main Authors: | , |
|---|---|
| Format: | Article |
| Language: | English |
| Published: |
MDPI AG
2021-12-01
|
| Series: | Games |
| Subjects: | |
| Online Access: | https://www.mdpi.com/2073-4336/13/1/4 |
| _version_ | 1797480018803163136 |
|---|---|
| author | Emilson Caputo Delfino Silva Chikara Yamaguchi |
| author_facet | Emilson Caputo Delfino Silva Chikara Yamaguchi |
| author_sort | Emilson Caputo Delfino Silva |
| collection | DOAJ |
| description | Free riding incentives make it difficult to control climate change. To improve the chances of the Paris Agreement’s ambitious goal, many nations are forming scientific networks in carbon capture and storage (CCS). These networks take many forms (bilateral, hub-and-spoke, and multilateral). Studies of social interactions among scientists demonstrate that research networks are limited because of relational issues, such as lack of trust. This paper provides a rationale for the formation of various types of international CCS networks and examines their impacts on climate change. Our concept of stability focuses on Nash equilibria that are immune to coalitional deviations in overlapping networks. Players may belong to various research networks. A particular research network is a climate club. We show that in the absence of top-down coordination in clubs, the type of global network that forms depends on relational attrition. The complex task is to mitigate free riding while enhancing trust. |
| first_indexed | 2024-03-09T21:54:07Z |
| format | Article |
| id | doaj.art-c30503ca4bc248aea3775e6f4ade900e |
| institution | Directory Open Access Journal |
| issn | 2073-4336 |
| language | English |
| last_indexed | 2024-03-09T21:54:07Z |
| publishDate | 2021-12-01 |
| publisher | MDPI AG |
| record_format | Article |
| series | Games |
| spelling | doaj.art-c30503ca4bc248aea3775e6f4ade900e2023-11-23T20:00:48ZengMDPI AGGames2073-43362021-12-01131410.3390/g13010004Overlapping Climate Clubs: Self-Enforcing R&D Networks to Mitigate Global WarmingEmilson Caputo Delfino Silva0Chikara Yamaguchi1Department of Marketing, Business Economics & Law, University of Alberta, Edmonton, AB T6G 2R6, CanadaGraduate School of Humanities and Social Sciences, Hiroshima University, 1-2-1 Kagamiyama, Higashihiroshima 739-8525, JapanFree riding incentives make it difficult to control climate change. To improve the chances of the Paris Agreement’s ambitious goal, many nations are forming scientific networks in carbon capture and storage (CCS). These networks take many forms (bilateral, hub-and-spoke, and multilateral). Studies of social interactions among scientists demonstrate that research networks are limited because of relational issues, such as lack of trust. This paper provides a rationale for the formation of various types of international CCS networks and examines their impacts on climate change. Our concept of stability focuses on Nash equilibria that are immune to coalitional deviations in overlapping networks. Players may belong to various research networks. A particular research network is a climate club. We show that in the absence of top-down coordination in clubs, the type of global network that forms depends on relational attrition. The complex task is to mitigate free riding while enhancing trust.https://www.mdpi.com/2073-4336/13/1/4climate clubscoalition-proof equilibriumcarbon capture and storageglobal warminghub-and-spokeinternational environmental agreements |
| spellingShingle | Emilson Caputo Delfino Silva Chikara Yamaguchi Overlapping Climate Clubs: Self-Enforcing R&D Networks to Mitigate Global Warming Games climate clubs coalition-proof equilibrium carbon capture and storage global warming hub-and-spoke international environmental agreements |
| title | Overlapping Climate Clubs: Self-Enforcing R&D Networks to Mitigate Global Warming |
| title_full | Overlapping Climate Clubs: Self-Enforcing R&D Networks to Mitigate Global Warming |
| title_fullStr | Overlapping Climate Clubs: Self-Enforcing R&D Networks to Mitigate Global Warming |
| title_full_unstemmed | Overlapping Climate Clubs: Self-Enforcing R&D Networks to Mitigate Global Warming |
| title_short | Overlapping Climate Clubs: Self-Enforcing R&D Networks to Mitigate Global Warming |
| title_sort | overlapping climate clubs self enforcing r d networks to mitigate global warming |
| topic | climate clubs coalition-proof equilibrium carbon capture and storage global warming hub-and-spoke international environmental agreements |
| url | https://www.mdpi.com/2073-4336/13/1/4 |
| work_keys_str_mv | AT emilsoncaputodelfinosilva overlappingclimateclubsselfenforcingrdnetworkstomitigateglobalwarming AT chikarayamaguchi overlappingclimateclubsselfenforcingrdnetworkstomitigateglobalwarming |