In this paper we model the conflict between the group of polluting firms in a country and any social planner in the same country who attempts to control the volume of emissions generated during the production process. Both players of the game have their own control policies, i.e., the rate of...

We characterize the optimal policy and policy instruments for self-enforcing treaties when countries invest in green technology before they pollute. If the discount factor is too small to support the first best, then both emissions and investments will be larger than in the first best, when...

Part I Merger Incentives in Pollution Intensive Industries -- Merger Incentives and the Natural Environment -- Mergers in Cournot Markets with Environmental Externality and Product Differentiation -- The Impact of Foreign Emission Tax on Domestic Merger Profitability -- Electric Utility Mergers...

Die Umweltpolitik spielt bei der Entstehung vieler neuer Technologien eine herausragende Rolle. Sie korrigiert nicht nur ein Marktversagen, sondern nimmt auch explizit Einfluss auf das Ausmaß und die Richtung von Innovationen. Die vorliegende Arbeit nimmt sich dieser Beziehung zwischen...