Showing 1 - 10 of 25
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
Persistent link: https://www.econbiz.de/10013464080
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/10011729094
Persistent link: https://www.econbiz.de/10011906968
This paper offers an overview of the literature discussing oligopoly games in which polluti ng emissions are generated by the supply of goods requiring a natural resource as an input. An analytical summary of the main features of the interplay between pollution and resource extraction is then...
Persistent link: https://www.econbiz.de/10011716016
Persistent link: https://www.econbiz.de/10003911331
Persistent link: https://www.econbiz.de/10003911740
Persistent link: https://www.econbiz.de/10003917141
Persistent link: https://www.econbiz.de/10009623525
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