Canton, Joan; David, Maia; Sinclair-Desgagne, Bernard - European Association of Agricultural Economists - EAAE - 2008
This paper considers the environmental policy and welfare implications of a merger between environment firms (i ….e., firms managing environmental resources or supplying pollution abatement goods and services). The traditional analysis of … mergers in Cournot oligopolies is extended in two ways. First, we show how environmental policy affects the incentives of …