Cournot duopoly and environmental R&D under regulator’s precommitment to an emissions tax
Cournot duopoly and environmental R&D under regulator’s precommitment to an emissions tax
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DOI:
10.1080/13504851.2015.1073831
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发表时间:
2016-03
影响因子:
1.6
通讯作者:
Yasunori Ouchida;Daisaku Goto
中科院分区:
文献类型:
--
作者:
Yasunori Ouchida;Daisaku Goto
ABSTRACT This study examines the environmental R&D (E-R&D) of Cournot duopolists with end-of-pipe technology under a regulator’s precommitment to an emissions tax. Under technological spillover effect, the government invariably prefers E-R&D cartelization to E-R&D competition. Highly contrary to earlier studies, consumer surplus is not necessarily maximized by environmental research joint venture cartelization, although this offers private and social incentives.