Environmental Quality in a Differentiated Duopoly

Arbeitspapier

In a duopoly industry with environmentally differentiated products, we examine the effects of introducing a mandatory environmental quality standard on firms’ environmental quality choices, profits, and the average environmental quality offered by the industry. We show that at low standard levels, both firms choose to overcomply regardless of the standard level. At intermediate levels, the mandatory standard can reduce the profit of the low-cost firm while increasing that of the high-cost firm, and that it can lower the industry’s average environmental quality below what it would be without the standard.

Angaben zum Objekt

• Sprache: Englisch

Verweise und Beziehungen

• Erschienen in: Series: Nota di Lavoro ; No. 138.2006

Klassifikation und Themen

• Klassifikation: Wirtschaft ; Environmental Economics: Government Policy ; Oligopoly and Other Imperfect Markets ; Market Structure, Pricing, and Design: Oligopoly and Other Forms of Market Imperfection
• Thema: Duopoly ; Environmental Quality ; Mandatory Environmental Standard ; Overcompliance ; Product Differentiation ; Duopol ; Produktdifferenzierung ; Umweltauflage ; Theorie

Beteiligte, Orts- und Zeitangaben

• Ereignis: Geistige Schöpfung
• (wer): Farzin, Y. Hossein ; Akao, Ken-Ichi
• Ereignis: Veröffentlichung
• (wer): Fondazione Eni Enrico Mattei (FEEM)
• (wo): Milano
• (wann): 2006

Weitere Informationen

• Handle: http://hdl.handle.net/10419/74139
• Letzte Aktualisierung: 10.03.2025, 11:45 MEZ