... residential use to industrial production. Due to population growth and industrialization, water demand and pollution levels have tremendously increased and these lead to the scarcity of fresh water. Many rivers are transboundary and often agents in upstream locations produce pollution causing harm...

...Davide Dragone; Luca Lambertini; Arsen Palestini We investigate the possibility of using public firms to regulate polluting emissions in a Cournot oligopoly where production generates pollution and public firms are less efficient than private ones. In a differential game we compare (i) the Markov...

...Chaim Fershtman; Aart de Zeeuw We consider a duopolistic industry in which pollution is a by-product of production and firms are given emission permits that they can trade. The common wisdom is that allowing for trade in emission permits promotes efficiency. We demonstrate that this common wisdom...