A game-theoretic approach to pollution control problems

Halkos, George (1994): A game-theoretic approach to pollution control problems.

Abstract

This paper provides a model that attempts to deal with the transboundary nature of the acid rain problem, using a game theoretic approach consistent with mainstream economic theory. The general forms of cooperative and non-cooperative equilibria in the explicit and implicit set-up of the model are presented under the assumptions of deterministic and stochastic deposits.

• Item Type: MPRA Paper
• Language: English
• Keywords: Game theory; abatement cost; damage cost
• Subjects: C - Mathematical and Quantitative Methods > C7 - Game Theory and Bargaining Theory; Q - Agricultural and Natural Resource Economics ; Environmental and Ecological Economics > Q2 - Renewable Resources and Conservation

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