Honma, Satoshi; Chang, Ming-Chung - Faculty of Economics, Kyushu Sangyo University - 2010
The purpose of this paper is to develop a general theoretical model that describes production and recycling in an n …-firm oligopoly market in which firms can cooperate for recycling. We use a three-stage game to analyze a specific recycling issue. In … stage 0, the government sets a target recycling rate as well as virgin material and final disposal tax rates. In stage 1, n …