... common pool resources endogenous equity shares social optimum equity share taxes L10 D43 D62 Q28 Q5 Firms hold equity shares on each other’s profits in common pool resources (CPRs), especially in fisheries where cross-ownership is often maximal. In this context, firms equally share...

... Licensed re-use rights only C73 D43 D62 L13 L32 Q50 Pollution public firms oligopoly Markov perfect strategy Our first result is that the dynamic game among profit-seeking firms reproduces the same equilibrium strategies as the static counterpart. Consistent with the idea...

.... Considering the subgame perfect outcome, we analyze the duopolistic market equilibrium, given arbitrary emissions permits r_i, and then we analyze the terms of the emission permits trade. Duopoly Pollution Tradable permits Abatement Q2 Q28 D43 L13 L51 Policy makers...

... 2013 C. Hagem Licensed re-use rights only Emissions permits Strategic permit trading Climate agreements Market power D43 L13 Q54 Trade in emissions permits is an important feature of the current international agreement to limit emissions of greenhouse gases (the Kyoto...

... D43 L13 Q55 Herein we assess the incentives to invest in clean technologies of polluting firms with market power in their local output market, who participate in a region-wide tradable emissions permits (TEP) market. Firms compete a la Cournot producing a homogenous good...

...-use rights only Vertical differentiation WTP for green products environmental awareness campaigns A13 L13 D43 D62 In their role as consumers, citizens of developed countries are becoming increasingly aware of the problems associated with the deterioration of the environment...