Hattori, Keisuke; Kitamura, Takahiro - In: Environmental & Resource Economics 55 (2013) 2, pp. 199-215
In this paper, we endogenize the timing of policymaking in a simple two-country model of strategic environmental policy. We consider a timing game in which two policymakers non-cooperatively decide their preferred sequence of moves before setting emission tax rates. We show that whether the...