Haruna, Shoji; Goel, Rajeev K. - 2018
We study optimal pollution abatement under a mixed oligopoly game when firms engage in emissions-reducing R&D that is … imperfectly appropriable. The regulator uses a tax to curb emissions. Results show that in a mixed oligopoly, the public firm has … private duopolies, privatization leads to reductions in R&D and output, but to an increase in overall emissions, so …