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discrimination (MBD). We show that, for a moderately high imitation cost, both (Strict IPR, Parallel Imports) and (Weak IPR, MBD …) emerge as the Subgame Perfect Nash Equilibrium (SPNE) policy choices. For relatively smaller imitation costs, (Weak IPR, MBD …. -- Patent Protection ; TRIPS ; Innovation ; Imitation ; Parallel Imports ; Pharmaceuticals …
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selection of Walrasian strategies in aggregative games under imitation. …
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beaten by any strategy. We provide necessary and sufficient conditions for imitation to be unbeatable in the sense that there … is no strategy that can exploit imitation as a money pump. In particular, imitation is subject to a money pump if and … condition for imitation not being subject to a money pump is that the relative payoff game is a generalized ordinal potential …
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We revisit the well known differential Cournot game with polluting emissions dating back to Benchekroun and Long (1998), proposing a version of the model in which environmental taxation is levied on emissions rather than the environmental damage. This allows to attain strong time consistency...
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This paper proposes a strategic model of pollution control. A firm, representative of the productive sector of a … the level of pollutants' emissions, the firm increases the level of pollution. The government of the country aims at … minimizing the social costs due to the pollution, and introduces regulatory constraints on the emissions' level, which then …
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