Our EBPM Seminar Series at the Department of Public Policy brings external academics and practitioners to discuss their ongoing research. This event series prioritizes understanding how data, observations, and ultimately evidence is approached by each researcher.
Abstract
International efforts to mitigate climate change are lagging behind. We study in a laboratory experiment the behavioral effects on cooperation along the lines of Nordhaus proposal of a climate club. We also evaluate the effects of each element of the agreement in isolation. Overall, a climate club substantially raises cooperation with respect to voluntary cooperation in a plain public good game. The effect, though, is similar to offering decision makers the possibility of conditional cooperation and punishment without a club structure.
Research conducted by Marco Casari, Alessandro Tavoni, Monika Pompeo
keywords: mitigation, international agreements, sanctions