Climate Treaty Negotiators Are Taking the Wrong Approach, Say Game Theorists

An anonymous reader writes "Climate treaty negotiators would do well to have a little chat with some game theorists, according to this article. The fundamental approach they've been taking for the last several years is flawed, these researchers say, and they can prove it. From the article: 'The scientists gave members of a 10-member group their country’s “treasure”: a 20-euro national savings account, plus a fund for spending on emissions reductions that consisted of 10 black chips worth 10 cents apiece and 10 red chips worth one euro apiece. Each person could then contribute any number of these chips to a common pool. The contributed chips represented greenhouse gas reduction strategies that were relatively inexpensive (black) or expensive (red). Players could communicate freely about their plans for how many chips they intended to contribute.'"

Comments

Re:Summary:

[tmosley]

You are assuming the wealth is being concentrated in the hands of the top 1% rather than in the hands of Federal employees and others who benefit from government wealth redistribution, who are mostly multiplying in number rather than becoming wealthy enough to afford such things. The INCOME of the top 1% may be up, but it is being confiscated through numerous means.

http://www.zerohedge.com/news/2012-10-29/guest-post-wealth-inequality-america

Re:why is human density important.

[operagost]

Indeed. The petroleum that 99% of the world still relies on is largely refined in the USA. This creates a lot of CO2 emissions. Demanding that Americans live in caves lit only by the dim light of a single CFL is not going to solve the problem of haughty European still using our petroleum-based products.