Environmental and Resource Economics

, Volume 4, Issue 1, pp 111–122

The biodiversity supergame

  • Scott Barrett


This paper considers the ability of developed countries to sustain a cooperative agreement to compensate developing countries for the “incremental costs” of biodiversity conservation. It is shown that, depending on certain parameter values and the model specification, such an agreement could only codify the non-cooperative outcome or achieve the full cooperative outcome where global net benefits are maximized. However, where the agreement can sustain the full cooperative outcome, net benefits will be only slightly larger than in the noncooperative outcome.

Key words

Biodiversity international agreements supergames renegotiation-proofness 


Unable to display preview. Download preview PDF.

Unable to display preview. Download preview PDF.

Copyright information

© Kluwer Academic Publishers 1994

Authors and Affiliations

  • Scott Barrett
    • 1
    • 2
  1. 1.London Business SchoolSussex PlaceLondonU.K.
  2. 2.Centre for Social and Economic Research on the Global EnvironmentUniversity College LondonLondonU.K.

Personalised recommendations