Decomposition of Transnational Conveyance of Low-Carbon Methods under High-Pressure Contraption

Year 2014, Volume: 4 Issue: 1, 0 - 0, 01.04.2014

Cheng Hxan Lien Kejuan Sheun Liung

Abstract

Meeting targets aimed at tackling the climate change challenge requires moving towards an energysaving and low-carbon development. These targets can only be met with major reductions in carbon emissions from the low carbon technologies. The low carbon technology gap between developed countries and developing countries leads to technology transfer and transaction needs. Technology transfer price is the focus of bargaining in international transfer of low technologies. In terms of the bargaining models, Rubinstein is a model with complete information and alternating offers, which finds a unique subgameperfect equilibrium without delaying in agreement. Thus a crucial dimension of real bargaining problems (information incompleteness) is missed. When incomplete information exists, a player may try to conclude from the other player’s moves that his opponent really is; the other player, in turn, may try to bluff that he is tougher than he actual one

Keywords

Transnational conveyance, low-carbon, high-pressure contraption