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Cheap-Talk Multiple Equilibria and Pareto — Improvement in an Environmental Taxation Games

In: Economic Models Methods, Theory and Applications

Author

Listed:
  • Chirstophe Deissenberg

    (Université de la Méditerranée and GREQAM, France)

  • Pavel Ševčík

    (Universilé de Montréal, Canada)

Abstract

The following sections are included:IntroductionThe ModelThe Firms, Bs and NBsThe Regulator, RDynamicsThe Sequential Nash GameDerivation of the SolutionSome Properties of the SolutionThe Dynamic Optimization ProblemFormulationNumerical ResultsMultiple EquilibriaPhase DiagramSensitivity Analysis and Bifurcations Towards a Unique EquilibriumConclusionReferences

Suggested Citation

  • Chirstophe Deissenberg & Pavel Ševčík, 2009. "Cheap-Talk Multiple Equilibria and Pareto — Improvement in an Environmental Taxation Games," World Scientific Book Chapters, in: Dipak Basu (ed.), Economic Models Methods, Theory and Applications, chapter 5, pages 101-118, World Scientific Publishing Co. Pte. Ltd..
    • Handle: RePEc:wsi:wschap:9789812836465_0005
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