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v4 of the robust bistable model paper for climate alliances released

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Juergen Renn from the Max Planck Institute for Geoanthropology released v4 of the robust bistable model paper for climate alliances, constructing a game model of climate alliance formation with dual registration channels. The study finds that when the channels are strong enough, the model exhibits bistability, with a critical mass separating residual clubs from near-universal alliances. The model estimates show that the minimum core size of a climate alliance is 30% of global emissions; launching an alliance with the EU-China as the core requires compensating external members for one-fifth to three-fifths of their world market losses; an established alliance can withstand 2 to 4 times more erosion than is allowed at the launch stage; this critical effect persists even when heterogeneity reaches a premium of 3 times. This version is aligned with MPI-GEA Working Paper "Towards a Climate Bretton Woods: A Carbon Currency Proposal" version 3.1, with the accompanying policy paper numbered SSRN 7276818, and the corresponding code has been released as version 3.0 on Zenodo.

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20 Oct
  1. arXiv q-fin
    Robustness over Efficiency in Climate Coalitions: Bistability and an Architecture Map

    Juergen Renn of the Max Planck Institute for the Science of Human History constructed a game-theoretic model of climate coalition formation with dual registration channels, finding that the model exhibits bistability when the channels are sufficiently strong, with a critical mass separating a residual club from a near-universal coalition.

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