This paper studies the effects of demand uncertainty and imperfect competition on market entry and product quality choice. We develop a dynamic duopoly model allowing for either a fixed or a flexible quality choice. We find that under the fixed quality choice the follower chooses a higher...

Governments and businesses worldwide are preparing for a carbon-constrained future and evaluating different policy instruments to combat climate change. Agricultural production is an important source of greenhouse gas (GHG) emissions and practices that reduce or offset these emissions can...