Environmental Sustainability. A coopetitive framework for a Global Economy

This chapter proposes an analytical framework based on co-petition for a global economy in a perspective of environmental sustainability. The model suggested adopts a game theory approach and applies a theoretical framework à la Cournot. The game theoretic model considers a bi-strategy related to production and consumption. More specifically, the model considers investment and innovation in climate technologies on the production side, whereas, on the consumption side, it takes into account actions to change the patterns of consumption of the households in the various countries of the global economy. In terms of results, the model provides win-win solutions, namely strategic situations in which each country takes advantages by cooperating and competing at the same time within the global economy, and where each country obtains a positive return. The model shows the convenience of implementing 'green' policies in order to achieve the goal of environmental sustainability for the global economy in accordance with the goals of 2030 Agenda for Sustainable Development of the United Nations.