CORDIS Project
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This project investigates the use of conservation as an environmental policy tool, shifting focus from demand-side to supply-side approaches. It aims to analyze agreements on resource extraction levels within a game-theoretic framework to enhance environmental agreements.
The UN’s approach to climate policy is to focus on national emission caps for greenhouse gases.
Most of the economic theory on environmental agreements is also studying such a demand-side approach, even though it is well known that such an approach has several flaws, including carbon leakage and the incentive to free ride.
Recent theory has suggested that a better approach may be to focus on the supply-side of the equation, rather than the demand-side.
While this recent theory is promising, it i…
UNIVERSITETET I OSLO
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