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Related Flashcards
Cards In This Set
| Front | Back |
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Environmental issues are for all, and costs are larger than any individuals contribution to the good so they ARE:
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Public goods
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Four ways to produce a public good:
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From single actor
coercion selective benefits small group of essential actors |
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Questions for public good and bargaining:
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How much is enough
who pays, how much does the good need to be provided? |
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Examples of informational issues in global warming:
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Scientific uncertainty
uncertainty about econommic costs |
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Externalities:
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One party benefits form activities that impose costs on another. (for instance, cross border air and water polution)
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Big questions for the question of global warming:
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-developed vs developing states and transfer payments
-what reciprocal actions can be taken -how to ensure compliance in face of incentives to defect and renegotiate |
