We reconsider the pollution permit concept in a setting extended to include dynamics, spatially diversified firms, and an oligopoly in product markets. The firms can manage their pollution emissions or stocks by (1) buying pollution permits and emitting pollution, (2) shipping pollutants to...

This paper presents a model of the strategic behavior of firms operating in a spatial supply chain network. The manufacturing and retailing firms engage in an oligopolistic, noncooperative game by sharing customer demand such that a firm’s decisions impact the product prices, which in turn...