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&D projects for environmental friendly technologies. We revisit this issue in a duopoly model, showing that a lottery allocating a … green technologies at least by the loser and, if properly designed, by the entire industry, in an admissible range of the …
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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...
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In this paper we analyse a setup where consumers are heterogeneous in the perception of environmental quality. The equilibrium is verified in a setting with horizontal and vertical (green) differentiation. Profits are increasing in the misperception of quality, while, the investment in green...
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