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Consistency and optimality in a dynamic game of pollution control I: Competition

✍ Scribed by Amitrajeet A. Batabyal

Publisher
Springer
Year
1996
Tongue
English
Weight
917 KB
Volume
8
Category
Article
ISSN
0924-6460

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πŸ“œ SIMILAR VOLUMES

Incentive equilibrium strategies and wel
Incentive equilibrium strategies and welfare allocation in a dynamic game of pollution control
✍ Steffen JΓΈrgensen; Georges Zaccour πŸ“‚ Article πŸ“… 2001 πŸ› Elsevier Science 🌐 English βš– 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