Will GEO work? -- An economist view

Smirnov, A. ORCID: https://orcid.org/0000-0003-1765-0782 & Obersteiner, M. ORCID: https://orcid.org/0000-0001-6981-2769 (2009). Will GEO work? -- An economist view. In: Proceedings from the 33rd International Symposium on Remote Sensing of Environment (ISRSE-33) "Sustaining the Millennium Development Goals", 4-8 May 2009.

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Abstract

In this paper we use a game-theoretical approach to model a global partnership in building global earth observation system. Our analysis of possible equilibrium solutions shows that only in the case of similar economies we will observe cooperation behavior (when all invest into global system) and otherwise we will observe free-riding. However uncertainty in environmental risks valuing can provide a strong incentive for free-riders to cooperate.

Item Type: Conference or Workshop Item (UNSPECIFIED)
Uncontrolled Keywords: Economic growth; Uncertainty; Natural disasters; Preventive measures; Game theory; Self-enforcing cooperation
Research Programs: Forestry (FOR)
Bibliographic Reference: In:; Proceedings from the 33rd International Symposium on Remote Sensing of Environment (ISRSE-33) "Sustaining the Millennium Development Goals"; 4-8 May 2009, Stresa, Italy
Depositing User: IIASA Import
Date Deposited: 15 Jan 2016 08:42
Last Modified: 27 Aug 2021 17:20
URI: https://pure.iiasa.ac.at/9046

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