Proceedings of the Korean Operations and Management Science Society Conference (한국경영과학회:학술대회논문집)
- 1993.10a
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- Pages.194-211
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- 1993
An optimal regulation for environmental pollution control in oligopoly
과점시장의 환경오염 규제를 위한 최적유인제도에 관한 연구
Abstract
This paper proposes an optimal incentive scheme for environmental pollution and output control in oligopoly markets under asymmetric information situation where the regulator has no information about each firm's technology on output productions and pollution abatements. We compare two interesting optimal incentive schemes (one is static model previously proposed and the other is dynamic model suggested in this paper), analyze features of these schemes, and carefully discuss its relevances to other schemes.
Keywords