Abstract
Tipping of a natural system, entailing a loss of ecosystem services, may be prevented by stable partial cooperation. The presence of tipping points reverses the grim story that a high level of cooperation is hard to achieve and leaves large possible gains of cooperation. We investigate a tipping game with constant emissions and a piecewise linear response, and the well-known lake system with concave-convex dynamics and time-dependent emissions. Tipping back, leading to a gain in services, can also be induced by stable partial cooperation, but is harder to achieve. A physically reversible natural system may prove to be socially irreversible.
Original language | English |
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Article number | 102499 |
Number of pages | 21 |
Journal | Journal of Environmental Economics and Management |
Volume | 109 |
DOIs | |
Publication status | Published - Sept 2021 |
Keywords
- CLIMATE-CHANGE
- Ecological systems
- MANAGEMENT
- Multiple Nash equilibria
- NASH EQUILIBRIA
- POLICY
- PRICE
- Stable partial cooperation
- Tipping points