The paper analyzes the interaction between a reliable source of electricity production and intermittent sources such as wind or solar power. We first characterize the first-best dispatch and investment in the two types of energy. We put the accent on the availability of the intermittent source...

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...

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...

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...

La protection de l’environnement se fait-elle automatiquement au détriment de la rentabilité des entreprises ? Cet article tend à démontrer que performance environnementale et économique ne sont pas toujours substituts mais peuvent être complémentaires pour l’entreprise. À travers...

Two players are involved in a joint project during which a decision must be reached. Each player has private information about future profits. Authority gives one player the right to decide first in a pre-defined set of alternatives. In this framework, I show that (partial) authority should be...

We analyze the production of electricity from n power stations situated along a river in a dynamic model. Each power station's production of electricity is constrained by the quantity of water available to it (capacity constraint) as well as limitations of reservoir capacity (storage...

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 model we investigate the impact of crop durability on self-production, pricing and switching decisions, and we examine the impact of license fees paid...

L’utilisation de pesticides et l’introduction de variétés résistantes à certains bioagresseurs (insectes, champignons, virus, bactéries) en agriculture exercent une pression de sélection sur ces populations de bioagresseurs. Au cours du temps, l’efficacité de ces technologies peut...

Nous testons en laboratoire trois instruments destinés à réguler l’exploitation d’une ressource commune par des agents hétérogènes : un système de taxes et de subventions, des quotas individuels transférables et non transférables. Nous proposons un modèle dans lequel l’objectif...