Emission of uniformly dispersed greenhouse gases in construed here as a cooperative production game, featuring side-payments, quata exchange, uncertainty, and multi-period planning. Stochastic programming offers good instruments to analyze such games. Absent efficient markets for emissions, such programming may help to imitate market-like, price-based transfers among concerned parties.
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Length: 12 pages Date of creation: 2001 Date of revision: Handle: RePEc:fth:bereco:0401
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Find related papers by JEL classification: Q48 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy - - - Government Policy C70 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory - - - General