Incentive equilibrium strategies and wel
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Steffen Jørgensen; Georges Zaccour
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Article
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2001
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Elsevier Science
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English
⚖ 156 KB
This paper considers two neighboring countries wishing to make a joint e!ort to control pollution emission. We use a di!erential game model that includes emissions and investments in abatement technology as control variables. First, a coordinated solution that maximizes joint welfare is derived. The