A Stackelberg Dynamic Game Model for Climate Change
Climate-Change (Global warming) is the central point on the current agenda of the international environmental policy. This paper proposes a model to formulate the global warming policy as dynamic Stackelberg or Leader-Follower Game. In this game, an international agency or international agreement is the leader, who will decide the emission abatement rate of each region; and the followers are several regions who control their consumption of carbon-energy relating to carbon emissions. The challenge of this model is to solve its equilibrium since it is not a liner-quadratic game model.
Helen Zhang, Gang Shen and David Jin
X. Y. Zou "A Stackelberg Dynamic Game Model for Climate Change", Advanced Materials Research, Vols. 204-210, pp. 1720-1723, 2011