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Differential games in industrial economics
Lambertini, Luca - 2018
Game theory has revolutionised our understanding of industrial organisation and the traditional theory of the firm …. Despite these advances, industrial economists have tended to rely on a restricted set of tools from game theory, focusing on … differential game theory to economics, argues that many dynamic phenomena in industrial organisation (such as monopoly, oligopoly …
Persistent link: https://www.econbiz.de/10011751998
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Differential games in industrial economics
Lambertini, Luca - 2018
Game theory has revolutionised our understanding of industrial organisation and the traditional theory of the firm …. Despite these advances, industrial economists have tended to rely on a restricted set of tools from game theory, focusing on … differential game theory to economics, argues that many dynamic phenomena in industrial organisation (such as monopoly, oligopoly …
Persistent link: https://www.econbiz.de/10013285185
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Non-tradeable pollution permits as green R&D incentives
Fadaee, Mehdi; Lambertini, Luca - In: Environmental economics and policy studies 17 (2015) 1, pp. 27-42
Profit-seeking firms can be induced to internalise the environmental damages caused by production via several policy instruments, a widely used one being emission permits. In a very influential paper, Laffont and Tirole (J Public Econ 62:127-140, 1996) point out that the allocation of pollution...
Persistent link: https://www.econbiz.de/10010459627
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Dynamic oligopoly with capital accumulation and environmental externality
Dragone, Davide; Lambertini, Luca; Palestini, Arsen - In: Dynamic systems, economic growth, and the environment, (pp. 197-214). 2010
Persistent link: https://www.econbiz.de/10003917141
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Market power, resource extraction and pollution : some paradoxes and a unified view
Lambertini, Luca; Leitmann, George - In: Green growth and sustainable development, (pp. 143-164). 2013
Persistent link: https://www.econbiz.de/10009700256
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Collusion helps abate environmental pollution : a dynamic approach
Lambertini, Luca; Mantovani, Andrea - 2007
Persistent link: https://www.econbiz.de/10003911331
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Optimal Firms’ Mix in Oligopoly with Twofold Environmental Externality
Delbono, Flavio - 2014
We charaterise the socially optimal mix of firms in an oligopoly with both profit-seeking and labour-managed firms. The policy maker faces a twofold externality: (i) production entails the exploitation of a common pool natural resource and (ii) production/consumption pollutes the environment. We...
Persistent link: https://www.econbiz.de/10013051191
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Minimum quality standards in hedonic markets with environmental externalities
Ecchia, Giulio; Lambertini, Luca; Tampieri, Alessandro - 2011
We investigate the introduction of a minimum quality standard (MQS) in a vertically differentiated duopoly with an environmental externality. We establish that the MQS bites only if the hedonic component of consumer preferences is sufficiently strong. Then, we illustrate an underlying tradeoff...
Persistent link: https://www.econbiz.de/10011735200
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On the attainment of the maximum sustainable yield in the Verhulst-Lotka-Volterra model
Lambertini, Luca; Leitmann, George - 2017
We reformulate the Verhulst-Lotka-Volterra model of natural resource extraction under the alternative assumptions of Cournot behaviour and perfect competition, to revisit the tragedy of commons vs the possibility of sustainable harvesting. We stress the different impact of demand elasticity on...
Persistent link: https://www.econbiz.de/10011819343
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Strategic delegation and the shape of market competition
Lambertini, Luca - 1997
Persistent link: https://www.econbiz.de/10000958123