Unequal Treatment of Identical Polluters in Cournot Equilibrium
AbstractOligopoly models where firms and other agents take prior actions that subsequently affect the marginal costs have long been useful in illuminating policy debates with respect to antitrust regulation, environmental protection, and international competition. In this paper we illustrate the relevance in an environmental Cournot game, where the production technology is characterised by constant returns to scale. It is shown that an asymmetric distribution of emission quotas can be optimal in some, but not all, cases.
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Bibliographic InfoArticle provided by Mohr Siebeck, Tübingen in its journal Journal of Institutional and Theoretical Economics.
Volume (Year): 161 (2005)
Issue (Month): 4 (December)
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Find related papers by JEL classification:
- C72 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory - - - Noncooperative Games
- D62 - Microeconomics - - Welfare Economics - - - Externalities
- L13 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance - - - Oligopoly and Other Imperfect Markets
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- Rupayan Pal, 2012.
"Delegation And Emission Tax In A Differentiated Oligopoly,"
University of Manchester, vol. 80(6), pages 650-670, December.
- Rupayan Pal, 2009. "Delegation and emission tax in a differentiated oligopoly," Indira Gandhi Institute of Development Research, Mumbai Working Papers 2009-007, Indira Gandhi Institute of Development Research, Mumbai, India.
- Rupayan Pal, 2009. "Delegation and Emission Tax in a Differentiated Oligopoly," Governance Working Papers 22935, East Asian Bureau of Economic Research.
- Rupayan Pal, 2009. "Delegation and Emission Tax in a Differentiated Oligopoly," Working Papers id:2263, eSocialSciences.
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