Abstract
The Conference of Parties (COP) aims to address the global warming problem through agreements for reducing emissions. However, the current strategies fall short due to minimal efforts for emission reductions driven by short-term economic considerations. To better understand under which circumstances countries may have more virtuous behavior, we propose a static game model. In this model, the players are represented by governments, and their actions correspond to emissions levels. The utilities are a trade-off between economic benefits and damage caused by climate change. A key feature of the game is that it is parameterized by a state, which is precisely the state of the climate dynamics. We conduct the Nash equilibrium analysis. In the numerical analysis, we assess the impact of the damage function on the behavior of the governments.
| Original language | British English |
|---|---|
| Title of host publication | Complex Networks and Their Applications XII - Proceedings of The 12th International Conference on Complex Networks and their Applications |
| Subtitle of host publication | COMPLEX NETWORKS 2023 |
| Editors | Hocine Cherifi, Luis M. Rocha, Chantal Cherifi, Murat Donduran |
| Publisher | Springer Science and Business Media Deutschland GmbH |
| Pages | 383-394 |
| Number of pages | 12 |
| ISBN (Print) | 9783031534980 |
| DOIs | |
| State | Published - 2024 |
| Event | 12th International Conference on Complex Networks and their Applications, COMPLEX NETWORKS 2023 - Menton, France Duration: 28 Nov 2023 → 30 Nov 2023 |
Publication series
| Name | Studies in Computational Intelligence |
|---|---|
| Volume | 1142 SCI |
| ISSN (Print) | 1860-949X |
| ISSN (Electronic) | 1860-9503 |
Conference
| Conference | 12th International Conference on Complex Networks and their Applications, COMPLEX NETWORKS 2023 |
|---|---|
| Country/Territory | France |
| City | Menton |
| Period | 28/11/23 → 30/11/23 |
UN SDGs
This output contributes to the following UN Sustainable Development Goals (SDGs)
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SDG 8 Decent Work and Economic Growth
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SDG 13 Climate Action
Keywords
- Climate change models
- Complex systems
- Game theory
- Potential game
- Static game
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