A cost-effective, timely energy transition that unlocks the potential for new industries, supports affected regions and protects eco-systems is not guaranteed – it is an outcome achievable in both Germany and Australia with effective policy. This paper focuses on the important role that policy has to play in helping Australia and Germany transition to renewable...

International efforts to provide global public goods often face the challenges of coordinating national contributions and distributing costs equitably in the face of uncertainty, inequality, and free-riding incentives. In an experimental setting, we distribute endowments unequally among a group of people who can reach a fixed target sum through successive money contributions, knowing that if...