October 2, 2014
Keck Center, Room 100
500 5th Street, NW
Washington, DC (directions)
How to prevent free-riding in international environmental agreements
The Division of Behavioral and Social Sciences and Education of the National Research Council is pleased to announce that Dr. William D. Nordhaus will give the fall 2014 Henry and Bryna David lecture on October 2, 2014, at 5:00 p.m. at the National Academies' Keck Center, Room 100, Washington, DC (directions). Dr. Nordhaus will examine the club as a model for international climate policy.
Subject to many deep uncertainties, scientists and economists have developed an extensive understanding of the science, technologies, and policy instruments involved in climate change and slowing emissions. However, the analysis of the international political economy of climate policies is in its infancy. There are clearly serious free-rider problems inherent in forging international, climate agreements, as seen with the defunct Kyoto Protocol. A constructive approach to international agreements is to construct a club, with penalties for countries who are not participants.
The event is free and open to the public. Register today as space will be limited.