We formulate an overlapping generations model on optimal emissions with continuous age structure. We compare the noncooperative solution to the cooperative one and obtain fundamental differences in the optimal strategies. Also including an altruistic motive does not avoid the problem of the...

The effects of uniting separated markets, each monopolized by a producer, into a globalized oligopolistic market, which is regarded as a noncooperative game, or as a Cournot oligopoly game, are investigated. The cases where such globalization degrades the profits of all producers coincidently,...