Sanin, Maria-Eugenia; Zanaj, Skerdilajda - In: Strategic Behavior and the Environment 2 (2012) 2, pp. 159-172
In this paper we assess incentives for clean technology adoption by firms that compete a la Cournot in local product markets subject to a tradable emission permits regulation. Sanin and Zanaj (2011) show that permit prices may increase after clean technology adoption. Herein we show that, since...