We compare a Bertrand with a Cournot duopoly in a setting where production is polluting and exploits natural resources …, and firms bear convex production costs. We adopt Dastidar's (1995) approach, yielding a continuum of Bertrand …

It is well known that uncertainty concerning firms' costs as well as market power of the latter have to be taken into …, hitherto environmental economic theory has restricted itself to either of them when submitting conventional policy instruments … emission standards and taxes against the background of uncertain emission control costs and a polluting asymmetric Cournot …

uncertain costs. It is found that with supply function competition, and in contrast to Bayesian Cournot competition … private signals or more correlation among the costs parameters. In fact, for large values of noise or correlation supply …

A finite number of sellers (n) compete in schedules to supply an elastic demand. The costs of the sellers have … with more noise in the private signals or more correlation among the costs parameters. In fact, for large values of noise …

and taxes against the background of uncertain emission control costs and a polluting asymmetric Cournot duopoly …It is well known that uncertainty concerning firms' costs as well as market power of the latter have to be taken into … environmental economic theory has restricted itself to either of them when submitting conventional policy instruments to a …