
As an Amazon Associate and affiliate partner, Menrva Books earns from qualifying purchases. Learn more
Climate change, nuclear proliferation, and the threat of a global pandemic have the potential to impact each of our lives. Preventing these threats poses a serious global challenge, but ignoring them could have disastrous consequences. How do we engineer institutions to change incentives so that these global public goods are provided?Scott Barrett provides a thought provoking and accessible introduction to the issues surrounding the provision of global public goods. Using a variety of examples to illustrate past successes and failures, he shows how international cooperation, institutional design, and the clever use of incentives can work together to ensure the effective delivery of global public goods.
How can international institutions be engineered to align individual state incentives with the collective provision of global public goods? Scott Barrett, a professor of natural resource economics, utilizes game theory and historical case studies to examine why nations often fail to cooperate on existential threats. He argues that the structure of international agreements must be fundamentally redesigned to transform the incentives that currently discourage participation in global initiatives.
What You Will Find
Experts in international political economy frequently cite this work as a foundational text for understanding the intersection of economic incentives and global governance. Readers note the clarity of the prose, which makes complex game-theoretic concepts accessible to those outside the field of economics.
Page Count:
280
Publication Date:
2007-09-06
Publisher:
Oxford University Press
ISBN-10:
0199211892
ISBN-13:
9780199211890
No comments yet. Be the first to share your thoughts!