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Endogenous timing in private and mixed duopolies with emission taxes
by
Xu, Lili
, Lee, Sang-Ho
in
Duopoly
/ Economic models
/ Economic theory
/ Economic Theory/Quantitative Economics/Mathematical Methods
/ Economics
/ Economics and Finance
/ Emissions
/ Endogenous
/ Environmental tax
/ Equilibrium
/ Externality
/ Game Theory
/ Leadership
/ Macroeconomics/Monetary Economics//Financial Economics
/ Microeconomics
/ Privatization
/ Public Finance
/ Social and Behav. Sciences
/ Taxation
/ Welfare
2018
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Endogenous timing in private and mixed duopolies with emission taxes
by
Xu, Lili
, Lee, Sang-Ho
in
Duopoly
/ Economic models
/ Economic theory
/ Economic Theory/Quantitative Economics/Mathematical Methods
/ Economics
/ Economics and Finance
/ Emissions
/ Endogenous
/ Environmental tax
/ Equilibrium
/ Externality
/ Game Theory
/ Leadership
/ Macroeconomics/Monetary Economics//Financial Economics
/ Microeconomics
/ Privatization
/ Public Finance
/ Social and Behav. Sciences
/ Taxation
/ Welfare
2018
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Do you wish to request the book?
Endogenous timing in private and mixed duopolies with emission taxes
by
Xu, Lili
, Lee, Sang-Ho
in
Duopoly
/ Economic models
/ Economic theory
/ Economic Theory/Quantitative Economics/Mathematical Methods
/ Economics
/ Economics and Finance
/ Emissions
/ Endogenous
/ Environmental tax
/ Equilibrium
/ Externality
/ Game Theory
/ Leadership
/ Macroeconomics/Monetary Economics//Financial Economics
/ Microeconomics
/ Privatization
/ Public Finance
/ Social and Behav. Sciences
/ Taxation
/ Welfare
2018
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Endogenous timing in private and mixed duopolies with emission taxes
Journal Article
Endogenous timing in private and mixed duopolies with emission taxes
2018
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Overview
This paper examines an endogenous timing game in product differentiated duopolies under price competition when emission tax is imposed on environmental externality. We show that a simultaneous-move (sequential-move) outcome can be an equilibrium outcome in a private duopoly under significant (insignificant) environmental externality, but this result can be reversed in a mixed duopoly. We also show that when environmental externalities are significant, public leadership yields greater welfare than private leadership, and that public leadership is more robust than private leadership as an equilibrium outcome. Finally, we find that privatization can result in a public leader becoming a private leader, but this worsens welfare.
Publisher
Springer,Springer Vienna,Springer Nature B.V
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