Market Power in Output and Emissions Trading
This article focuses on the strategic behavior of firms in the output and the emissions markets in the presence of market power. We consider the existence of a dominant firm in the permit market and different structures in the output market, including Cournot and two versions of the Stackelberg mode...
Main Authors: | Francisco J. André, Luis Miguel de Castro |
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Format: | Article |
Language: | English |
Published: |
MDPI AG
2020-10-01
|
Series: | Games |
Subjects: | |
Online Access: | https://www.mdpi.com/2073-4336/11/4/43 |
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