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A game-theoretic approach to pollution control problems

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  • Halkos, George

Abstract

This 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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File URL: http://mpra.ub.uni-muenchen.de/33259/
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Bibliographic Info

Paper provided by University Library of Munich, Germany in its series MPRA Paper with number 33259.

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Date of creation: 1994
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Handle: RePEc:pra:mprapa:33259

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Related research

Keywords: Game theory; abatement cost; damage cost;

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References

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  1. 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.
  2. Tahvonen Olli & Kaitala Veijo & Pohjola Matti, 1993. "A Finnish - Soviet Acid Rain Game: Noncooperative Equilibria, Cost Efficiency, and Sulfur Agreements," Journal of Environmental Economics and Management, Elsevier, vol. 24(1), pages 87-100, January.
  3. Harrison, Glenn W & Rutstrom, E E, 1991. "Trade Wars, Trade Negotiations and Applied Game Theory," Economic Journal, Royal Economic Society, Royal Economic Society, vol. 101(406), pages 420-35, May.
  4. Nash, John, 1953. "Two-Person Cooperative Games," Econometrica, Econometric Society, Econometric Society, vol. 21(1), pages 128-140, April.
  5. George Halkos & John Hutton, . "Acid Rain Games in Europe," Discussion Papers 93/12, Department of Economics, University of York.
  6. Halkos, G.E., 1994. "Optimal acid rain abatement policy in Europe," MPRA Paper 33943, University Library of Munich, Germany.
  7. Nash, John, 1950. "The Bargaining Problem," Econometrica, Econometric Society, Econometric Society, vol. 18(2), pages 155-162, April.
  8. 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.
  9. 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.
  10. McDonald, Ian M & Solow, Robert M, 1981. "Wage Bargaining and Employment," American Economic Review, American Economic Association, vol. 71(5), pages 896-908, December.
  11. Halkos, George, 1993. "An evaluation of the direct costs of abatement under the main desulphurisation technologies," MPRA Paper 32588, University Library of Munich, Germany.
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Citations

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Cited by:
  1. Halkos, George, 2000. "Determining optimal air quality standards: Quantities or prices?," MPRA Paper 42849, University Library of Munich, Germany.
  2. George Halkos & Christos Kitsos, 2005. "Optimal pollution level: a theoretical identification," Applied Economics, Taylor & Francis Journals, Taylor & Francis Journals, vol. 37(13), pages 1475-1483.

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