BusinessWorld Online: Strategic Perspective -- By Rene B. Azurin: "No deal on a warming planet": "Thursday, July 16, 2009 | MANILA, PHILIPPINES
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Opinion
Strategic Perspective
By Rene B. Azurin
No deal on a warming planet
In game theory, a player who can avoid sharing in the cost of achieving an outcome the benefits from which he cannot be prevented from enjoying anyhow profits the most. This unfair reality is why talks among leaders of 17 developed and (large) developing countries at L’Aquila in Italy last week ended up in no deal yet on global warming. If all countries save a few agree to share the burden of solving the problem and the problem is solved, all benefit, and the few who refused the burden benefit more than the others."
Saturday, July 18, 2009
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