Regulating a Polluting Oligopoly: Emission Tax or Voluntary Agreement?

Preprint OPEN
Mala David;
  • Subject: Pollution regulation
    • jel: jel:L51 | jel:Q48 | jel:H23 | jel:L13

This paper compares, in a polluting oligopoly, an emission tax and a form of environmental policy called voluntary agreement (VA). There are here two ways of reducing pollution: output contraction and endof- pipe abatement. Given the imperfect competition, firms' reacti... View more
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