Chung, Sung H.; Weaver, Robert D.; Friesz, Terry L. - In: International Journal of Production Economics 140 (2012) 1, pp. 48-56
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...