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Tradable emission rights and strategic interaction

Fehr, Nils-Henrik Mørch von der - In: Environmental & Resource Economics 3 (1993) 2, pp. 129-151

The use of tradable emission rights as environmental policy instruments may affect the conditions for strategic interaction between regulated firms and thus have implications for competition policy. This paper presents an analysis of how, and under what conditions, emission rights can be used...

Persistent link: https://www.econbiz.de/10005681063

OPTIMAL ALLOCATION OF TRADABLE EMISSION PERMITS UNDER UPSTREAM–DOWNSTREAM STRATEGIC INTERACTION

FEO, GIUSEPPE DE; RESENDE, JOANA; SANIN, MARIA-EUGENIA - In: International Game Theory Review (IGTR) 14 (2012) 04, pp. 1240003-1

In this paper, we analyze environmental regulation based on tradable emission permits in the presence of strategic interaction in an output market with differentiated products. We characterize firms' equilibrium behavior in the permits and in the output market and we show that both firms adopt...

Persistent link: https://www.econbiz.de/10011011320

Multi-item Vickrey-English-Dutch auctions

Andersson, Tommy; Erlanson, Albin - In: Games and economic behavior 81 (2013), pp. 116-129

Persistent link: https://www.econbiz.de/10010358102

Auction design for the allocation of multiple units of a homogenous good: Theoretical background and practical experience

Sunnevåg, Kjell J. - Department of Economics, University of California-Santa … - 2001

Auctions used to allocate multiple units of a homogeneous good account for a large number of transactions in market … a homogenous good. Import quota auctions in Norway represents one notable example of a practical application of this … units of a homogenous good. After some theoretical perspectives on multi-unit ascending auctions, the paper presents some …

Persistent link: https://www.econbiz.de/10011145387

Labour market screening with intermediaries

Schweinzer, Paul - 2006

We consider a Rothschild-Stiglitz-Spence labour market screening model and employ a centralised mechanism to coordinate the efficient matching of workers to firms. This mechanism can be thought of as operated by a recruitment agency, an employment office or head hunter. In a centralised...

Persistent link: https://www.econbiz.de/10010366528

Can Allowing to Trade Permits Enhance Welfare in Mixed Oligopoly?

Kato, Kazuhiko - In: Journal of Economics 88 (2006) 3, pp. 263-283

Persistent link: https://www.econbiz.de/10005715569

The equilibrium and socially effective number of firms at oligopoly markets : theory and empirics

Filatov, Alexander; Makolskaya, Yana - In: Czech journal of social sciences, business and … 4 (2015) 4, pp. 17-30

Persistent link: https://www.econbiz.de/10011606774

To know or not to know : strategic inattention and endogenous market structure

Cellini, Roberto; Lambertini, Luca; Ottaviano, … - 2015

standard oligopoly; above the higher threshold there is a unique equilibrium in which all firms disregard that impact as in …

Persistent link: https://www.econbiz.de/10011715927

Follow the money

Grotteria, Marco - In: The review of economic studies : RES 91 (2024) 2, pp. 1122-1161

Persistent link: https://www.econbiz.de/10014528678

Duopolists in Output and Permit Markets: Interaction and Regulation

Lappi, Pauli - In: Strategic Behavior and the Environment 2 (2012) 3, pp. 279-293

This paper studies the interaction between and the regulation of duopolists in imperfect permit and output markets. The interaction is modeled with a two-stage game in which the permit holding decision is made after the output decision. In the case of dominant buyer this results in a larger...

Persistent link: https://www.econbiz.de/10010696366

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