It is commonly believed that an increase in environmental awareness is conducive to the protection of the global commons. Moreover, it has been proposed that governments should "give a good example" by unilaterally reducing emissions. In a simple analytical framework it is shown that these relations are less straightforward than intuitively expected. On the contrary: "good intentions" might lead to lower abatement targets within an international environmental agreement and to lower stability due to strategic behavior of governments.
|Number of pages||20|
|Journal||Swiss Journal of Economics and Statistics|
|Publication status||Published - 1998|