A game-theoretic approach to pollution control problems
AbstractThis paper provides a model that attempts to deal with the transboundary nature of the acid rain problem, using a game theoretic approach consistent with mainstream economic theory. The general forms of cooperative and non-cooperative equilibria in the explicit and implicit set-up of the model are presented under the assumptions of deterministic and stochastic deposits.
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Bibliographic InfoPaper provided by University Library of Munich, Germany in its series MPRA Paper with number 33259.
Date of creation: 1994
Date of revision:
Game theory; abatement cost; damage cost;
Find related papers by JEL classification:
- C7 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory
- Q2 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Renewable Resources and Conservation
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- Halkos, G.E., 1994. "Optimal acid rain abatement policy in Europe," MPRA Paper 33943, University Library of Munich, Germany.
- Jason Shogren & Thomas Crocker, 1991. "Cooperative and noncooperative protection against transferable and filterable externalities," Environmental & Resource Economics, European Association of Environmental and Resource Economists, vol. 1(2), pages 195-214, June.
- Nash, John, 1950. "The Bargaining Problem," Econometrica, Econometric Society, vol. 18(2), pages 155-162, April.
- Hoel, Michael, 1991. "Global environmental problems: The effects of unilateral actions taken by one country," Journal of Environmental Economics and Management, Elsevier, vol. 20(1), pages 55-70, January.
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- George Halkos & John Hutton, . "Acid Rain Games in Europe," Discussion Papers 93/12, Department of Economics, University of York.
- Harrison, Glenn W & Rutstrom, E E, 1991. "Trade Wars, Trade Negotiations and Applied Game Theory," Economic Journal, Royal Economic Society, vol. 101(406), pages 420-35, May.
- Halkos, George, 1993. "An evaluation of the direct costs of abatement under the main desulphurisation technologies," MPRA Paper 32588, University Library of Munich, Germany.
- George Halkos, 1994. "Optimal abatement of sulphur emissions in Europe," Environmental & Resource Economics, European Association of Environmental and Resource Economists, vol. 4(2), pages 127-150, April.
- Nash, John, 1953. "Two-Person Cooperative Games," Econometrica, Econometric Society, vol. 21(1), pages 128-140, April.
- Halkos, George, 2000. "Determining optimal air quality standards: Quantities or prices?," MPRA Paper 42849, University Library of Munich, Germany.
- George Halkos & Christos Kitsos, 2005. "Optimal pollution level: a theoretical identification," Applied Economics, Taylor & Francis Journals, vol. 37(13), pages 1475-1483.
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