Please use this identifier to cite or link to this item:
http://hdl.handle.net/20.500.11861/6490
Title: | A differential game of industrial pollution management |
Authors: | Prof. YEUNG Wing Kay, David |
Issue Date: | 1992 |
Source: | Annals of Operations Research, 1992, vol. 37, pp. 297-311. |
Journal: | Annals of Operations Research |
Abstract: | This paper explores a differential game between a policy maker and a profit maximizing entrepreneur in which production generates pollution. The government levies a pollution tax on output and uses the tax received for pollution abatement. The entrepreneur determines the level of output. A feedback Nash equilibrium is derived. Using more specific functional forms, the game is extended to cover the multiple firm case. |
Type: | Peer Reviewed Journal Article |
URI: | http://hdl.handle.net/20.500.11861/6490 |
ISSN: | 0254-5330 1572-9338 |
DOI: | 10.1007/BF02071062 |
Appears in Collections: | Economics and Finance - Publication |
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