Feichtinger, Gustav; Lambertini, Luca; Leitmann, George; … - 2014
We extend a well known differential oligopoly game to encompass the possibility for production to generate a negative … the tolerable maximum amount of emissions, the resulting equilibrium investment in green R&D is indeed concave in the … structure of the industry. Our analysis appears to indicate that inverted-U-shaped investment curves are generated by regulatory …