bunching occurs, the bunching interval is necessarily smaller. Additionally, under certain conditions the monopoly solution may … even achieve the ?rst best (i.e., production ef?ciency). We also demonstrate that the optimal monopoly so- lutions can be …

The paper studies the use of emission taxes and feed-in subsidies for the regulation of a monopoly that can produce the … that the efficient solution can be implemented combining a tax on emissions and a subsidy on clean output. The tax is lower … than the environmental damages, and the subsidy is equal to the difference between the price and the marginal revenue. In …

-horizon, discrete-time game. Our goal is to identify the Markov perfect stationary equilibria where the seller can maintain his monopoly … power. We establish that the set of parameters supporting a monopoly outcome is larger when the seller offers different …