Hybrid renewable energy system has been introduced as a green and reliable power system for remote areas. There is a steady increase in usage of hybrid renewable energy units and consequently optimization problem solving for this system is a necessity. In recent years, researchers are interested...

In this paper, we develop a two-country world di¤erential game model with a polluting firm in each country where there is transportation cost to investigate the equilibrium of the game between firms when they decide to trade or not and to see under which conditions social welfare coincides with...

Acquired wisdom has it that the allocation of pollution rights to firms hinders their willingness to undertake uncertain R&D projects for environmental-friendly technologies. We revisit this issue in a model where firms strategically choose whether to participate in an auction to attain...