Dietz, Jürgen (contributor); Michaelis, Peter (contributor) - 2004 - [Elektronische Ressource]
environment. Emissions caused by a representative firm within this in-
dustry are denoted by E. Prior to innovation marginal … competitive industry which consists of a large number of firms
emitting a homogenous pollutant into the environment. Denote the … pollutants abated by v
and the amount of pollutants finally emitted to the environment by e, i.e.: e . Finally,
assume that the …