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Root number
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441353 |
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Semester
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FS2026 |
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Type of course
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Lecture |
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Allocation to subject
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Economics |
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Type of exam
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not defined |
| Title |
Climate Economics: International Cooperation |
| Description |
*** IMPORTANT ***
For the most updated administrative course information (date changes, room changes etc) please always refer to this KSL page only and not to the Info page in ILIAS – the ILIAS infopage will not be updated!
The course provides a detailed economic analysis of international climate policy. Starting from the public good characteristic of greenhouse gas emission reductions and the sovereignty of individual states, we interpret international climate policy as a non-cooperative public good provision game. As the Nash equilibrium of this game is inefficient (Prisoner’s Dilemma), we explore different institutional regimes for international cooperation to improve the efficiency of outcomes. We first, analyze the international emissions permit market and the cartel formation game, which constitute the two most important work-horse models in the economics of international climate policy. We shall see that the outcome of these institutional regimes still falls short of the global social optimum. As a consequence, we explore further designs for international environmental cooperation such as refunding schemes and contests.
Relevance to "Sustainable Development": The problem of international cooperation of climate change mitigation is addressed from a perspective of economic theory. In particular, it is shown how the public good property of GHG emissions and the heterogeneity of countries lead to inefficiently low mitigation efforts. In addition, institutional designs to improve on status-quo are discussed.
Lectures:
Tuesday, 12.15-14.00 h, 106, H4
Exercises: Teaching Assistant Nicolas Häne (bi-weekly)
Wednesdays, 10.15-12.00 hrs, A-126, UniS
Evaluation:
written exam
1. Exam date. Tuesday, 26.May 2026, 12.15-13.45h, 106, H4
2. Exam Date: Tuesday, 08.September 2026, 12.15-13.45h, tba |
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ILIAS-Link (Learning resource for course)
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No registration/deregistration in CTS (Admission in ILIAS possible).
ILIAS
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Link to another web site
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| Lecturers |
Prof. Dr.
Ralph Winkler, Department of Economics ✉
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ECTS
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4.5 |
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Recognition as optional course possible
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Yes |
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Grading
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1 to 6 |
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| Dates |
Tuesday 12:15-14:00 Weekly
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Wednesday 10:15-12:00 Fortnightly
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Wednesday 15/4/2026 10:15-12:00
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Wednesday 29/4/2026 10:15-12:00
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Wednesday 13/5/2026 10:15-12:00
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Tuesday 8/9/2026 12:15-13:45
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| Rooms |
Hörraum 106, Hauptgebäude H4
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Hörraum A -126, UniS
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| Students please consult the detailed view for complete information on dates, rooms and planned podcasts. |
User:
Öffentlicher Bereich
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