Results 51 to 60 of about 1,931,306 (204)
Random Carbon Tax Policy and Investment Into Emission Abatement Technologies
ABSTRACT We analyze the problem of a profit‐maximizing electricity producer, subject to carbon taxes, who decides on investments into CO2$\rm CO_2$ abatement technologies. We assume that the carbon tax policy is random and that the investment in the abatement technology is divisible, irreversible, and subject to transaction costs.
Katia Colaneri +2 more
wiley +1 more source
Does timing of decisions in a mixed duopoly matter? [PDF]
We determine the endogenous order of moves in a mixed price-setting duopoly. In contrast to the existing literature on mixed oligopolies we establish the payoff equivalence of the games with an exogenously given order of moves.
Tamás László Balogh +4 more
core +1 more source
The global coffee industry, supporting 25 million smallholder farmers, is vulnerable to climate change. Diversifying the coffee species portfolio beyond Arabica and robusta is a promising intervention. Liberica coffee could provide adaptive capacity, although its climate parameters for cultivation are poorly known.
Isobel M. J. Wild +3 more
wiley +1 more source
Circular economy business strategies and public schemes: a game theory‐based survey
Abstract This paper develops a selected survey based on game theory in circular economy (CE) by complementing two perspectives: the CE business strategies and the public schemes (PS) available to implement CE systems. These perspectives are concentrated in six CE business strategies (circular inputs, sharing platforms, product‐as‐a‐service (PaaS ...
Vinay Ramani, Pietro De Giovanni
wiley +1 more source
ABSTRACT This study considers mutual outsourcing firms in a vertically related market and examines their strategic adoption of environmental corporate social responsibility (ECSR) activities. We demonstrate that ECSR adoption reduces mutual outsourcing firms' profits, resulting in a prisoner's dilemma situation, but enhances welfare regardless of ...
Lili Xu, Xinying Fan, Sang‐Ho Lee
wiley +1 more source
Complexity Analysis of a Cournot-Bertrand Duopoly Game Model with Limited Information
A Cournot-Bertrand mixed duopoly game model with limited information about the market and opponent is considered, where the market has linear demand and two firms have the same fixed marginal cost.
Hongwu Wang, Junhai Ma
doaj +1 more source
ABSTRACT This study considers consumers' environmental awareness of polluting firms' managerial delegation contracts and compares the effects of committed and time‐consistent emission tax policies. It reveals that when environmental performance (EP) incentives prevail, sales performance (SP) incentives depend on the emission tax type and competition ...
Lili Xu, Yuntong Yin, Sang‐Ho Lee
wiley +1 more source
Knowledge Spillover Network and Optimal R&D Policy in Oligopoly
ABSTRACT This paper studies optimal R&D policy in a Cournot oligopoly with network‐based knowledge spillovers. Generalizing the standard two‐stage model of Kamien et al. (1992), we characterize the socially optimal policy by decomposing the net externality of private innovation into three channels: the market expansion effect, direct knowledge ...
Jun‐Hyung Lee
wiley +1 more source
Cross‐Ownership and Welfare‐Inferior Price Competition with Relative Profit Delegation Contracts
ABSTRACT We consider management reward contracts based on relative profit performance under cross‐ownership and find nonequivalence of price and quantity competition. We also examine an endogenous choice of competition mode under unilateral cross‐ownership and show that the welfare‐inferior price competition can appear unless the product's ...
Mingqing Xing, Sang‐Ho Lee
wiley +1 more source
The Optimal Bribe: Price Versus Quantity Competition in Oligopolies
ABSTRACT We analyze an entry deterrence model between an incumbent firm and a potential entrant, where the incumbent strategically offers bribes to local officials to raise entry barriers. Our focus is a three‐stage Bertrand game under incomplete information in a differentiated goods market.
Vishavdeep Sharma +1 more
wiley +1 more source

