This paper analyses the steady-state industry configuration of an oligopoly composed of profit-seeking (PS) and environmentally socially responsible (ECSR) firms in an evolutionary setting. In the industry, an emission tax is levied and firms may invest in emission abatement technology to reduce...

This paper analyses the steady-state industry configuration of an oligopoly composed of profit-seeking (PS) and environmentally socially responsible (ECSR) firms in an evolutionary setting. In the industry, an emission tax is levied and firms may invest in emission abatement technology to reduce...