Global Environmental Media

  • Horst Siebert


Global environmental media are jointly used as a public good by the world as a whole. Diffusion processes are not too important. Examples are the ozone layer and the global warming of the atmosphere. Instead of the diffusion function 12.1, Eq. 12.2 holds defining an international public good.


Institutional Arrangement Abatement Cost Free Rider Marginal Abatement Cost Side Payment 
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Copyright information

© Springer-Verlag Berlin Heidelberg 1995

Authors and Affiliations

  • Horst Siebert
    • 1
  1. 1.Kiel Institute of World EconomicsKielGermany

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