Please use this identifier to cite or link to this item:
https://ruomo.lib.uom.gr/handle/7000/698
Title: | Environmental Technological Choice in a Cournot-Bertrand Model |
Authors: | Asproudis, Elias Filippiadis, Eleftherios |
Type: | Article |
Subjects: | FRASCATI::Social sciences::Economics and Business::Economics |
Keywords: | Oligopoly theory Environment Technological choice Competition Cournot-Bertrand |
Issue Date: | 2020 |
Source: | Journal of Industry, Competition and Trade |
Abstract: | This paper investigates the abatement technology choice in Cournot-Bertrand, as well as in pure Cournot and Bertrand duopolies. It is argued that, under certain conditions, the Bertrand firm will choose a “dirtier” technology compared to its Cournot rival. Furthermore, when competing in quantities, firms choose greener technologies than when competing in prices. This is because higher abatement rates make a firm choosing quantity relatively more aggressive than a firm choosing price, irrespective of the strategic variable of its rival. Moreover, it is shown that the introduction of abatement technologies will increase total output in the market and decrease total emissions. |
URI: | https://doi.org/10.1007/s10842-020-00339-z https://ruomo.lib.uom.gr/handle/7000/698 |
ISSN: | 1566-1679 1573-7012 |
Other Identifiers: | 10.1007/s10842-020-00339-z |
Appears in Collections: | Department of Economics |
Files in This Item:
File | Description | Size | Format | |
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Environmental technological choice in a C-B model.pdf | 179,33 kB | Adobe PDF | View/Open |
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