Explore a research seminar that examines the complex dynamics between mitigation and adaptation strategies in transboundary pollution scenarios with environmental regime shifts. Delve into game theory analysis comparing social planner outcomes with Markov Perfect Nash Equilibrium to understand how countries balance emission reduction against adaptive capital investment. Learn how adaptation measures can either complement mitigation efforts in cooperative scenarios or potentially undermine them in non-cooperative situations, ultimately affecting overall welfare outcomes. Discover new efficient numerical procedures for calculating MPNE in differential games where analytical solutions prove challenging. The presentation, delivered in French and English, offers valuable insights into environmental economics and game theory applications in climate change policy.
Mitigation, Adaptation and Cooperation in Response to Climate Disaster
GERAD Research Center via YouTube
Overview
Syllabus
Mitigation, Adaptation and Cooperation in Response to Climate Disaster, Simon Elgersma
Taught by
GERAD Research Center