We examine the choice of policy instrument price, quantity, or a mix of the two when two pollutants are regulated and firms’ abatement costs are private information. A key parameter that affects this choice is the technological externality between the abatement efforts involved, i.e., whether...

To reduce the competition from farmers who self-produce seed, an inbred line seed producer can switch to nondurable hybrid seed. In a two-period framework, we first investigate the impact of crop durability on self-production, pricing and switching decisions. Second, we study how the...

Les innovations dans le domaine des semences de grandes cultures sont issues pour l'essentiel de recherches privées. Les entreprises semencières peuvent s'approprier une part plus importante des bénéfices économiques liés à l'innovation en choisissant de créer des semences hybrides...

Pas de résumé

La réduction des impacts environnementaux des activités de l'entreprise se fait-elle au détriment de sa performance économique ? Il n'en est pas toujours ainsi quand on prend en compte les gains de productivité liés aux innovations environnementales. Une série de travaux alliant...

Twenty years ago, Harvard Business School economist and strategy professor Michael Porter stood conventional wisdom about the impact of environmental regulation on business on its head by declaring that well designed regulation could actually enhance competitiveness. The traditional view of...

By signing an international river sharing agreement (RSA), countries voluntary commit to release water in exchange for a compensation. We examine the robustness of such commitments to reduced water flows. We focus on RSAs that satisfy core lower bounds and fairness upper bounds. We characterize...

We examine the choice of policy instruments (price, quantity or a mix of the two) when two pollutants are regulated and firms' abatement costs are private information. Whether abatement efforts are complements or substitutes is key determining the choice of policies. When pollutants are...