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...

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Bibliographic Details
Main Authors: Francisco J. André, Luis Miguel de Castro
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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