Bimonte, Giovanna; Romano, Maria Grazia; Russolillo, Maria - In: Games 12 (2021) 3, pp. 1-13
The present paper provides theoretical insights regarding the determinants of firms' incentives to invest in a Circular Economy. The analysis relies on a Cournot model disaggregating the disposal cost in the production function. In a non-simultaneous sequential game, two risk-neutral firms are...