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Enforcement and cost-effectiveness of international environmental agreements : the role of side-payments
Schmidt, Carsten - 1997
The paper explores the prospects for international environmental cooperation in a context of limited enforcement, if we allow for side-payments between countries and sequential moves in the implementation of the agreement. The framework of the analysis is a static model of heterogenous countries...
Persistent link: https://www.econbiz.de/10009675764
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Enforcement and cost-effectiveness of international environmental agreements : the role of side-payments
Schmidt, Carsten - 1997
Persistent link: https://www.econbiz.de/10013388235
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Financing incremental abatement costs under asymmetric information
Schmidt, Carsten - 1998
Persistent link: https://www.econbiz.de/10013408192
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Game theory and international environmental co-operation: A survey with an application to the Kyoto-Protocol
Finus, Michael - 2000
policy instruments in global pollution control and chapter 5 summarises the results on the formation of coalitions. Third … analysis are characterised. On the other hand, practical problems which are not covered by theory are mentioned and evaluated …
Persistent link: https://www.econbiz.de/10011608649
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On the attainment of the maximum sustainable yield in the Verhulst-Lotka-Volterra model
Lambertini, Luca; Leitmann, George - 2017
We reformulate the Verhulst-Lotka-Volterra model of natural resource extraction under the alternative assumptions of Cournot behaviour and perfect competition, to revisit the tragedy of commons vs the possibility of sustainable harvesting. We stress the different impact of demand elasticity on...
Persistent link: https://www.econbiz.de/10011819343
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Competition among coalitions in a Cournot industry : a validation of the Porter Hypothesis
Lambertini, Luca; Pignataro, Giuseppe; Tampieri, Alessandro - 2015
We determine the emergence of the Porter Hypothesis in a large oligopoly setting where the industry-wide adoption of green technologies is endogenously determined as a result of competition among coalitions. We examine a setting where the initial technology is polluting, firms decide whether to...
Persistent link: https://www.econbiz.de/10011715912
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Financing incremental abatement costs under asymmetric information
Schmidt, Carsten - 1998
transboundary pollution in which information on abatement costs is public, but information on abatement benefits is private. The …
Persistent link: https://www.econbiz.de/10009491604
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Optimal Taxation in a Common Resource Oligopoly Game
Bisceglia, Michele - 2018
In this paper, we investigate the optimal taxation policy in a differential oligopoly game where the competing firms share the access to a productive renewable resource. We show that, in a linear Feedback Nash Equilibrium of the game, a linear Markov tax, imposed on the output, and specified as...
Persistent link: https://www.econbiz.de/10012930240
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Tradable Pollution Permits and the Regulatory Game
Johnston, Jason Scott - 2014
that is actually observed. This paper models CAC environmental regulation as a bargaining game over pollution entitlements … status quo under which firms with the highest compliance costs bargain for the smallest pollution reductions, or even no … would be under an idealized CAC regime that set and enforced a uniform pollution standard, but permit sellers (low …
Persistent link: https://www.econbiz.de/10014059744
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Regulating environmental externalities through public firms : a differential game
Dragone, Davide; Lambertini, Luca; Palestini, Arsen - 2011
We investigate the possibility of using public firms to regulate polluting emissions in a Cournot oligopoly where production takes place at constant returns to scale and entails a negative environmental externality. We model the problem as a differential game and investigate (i) the Cournot-Nash...
Persistent link: https://www.econbiz.de/10011737230