| Título: | GAME MODELS OF ENVIRONMENTAL POLICY IN AN OPEN ECONOMY |
| Autores: | Batabyal, Amitrajeet A. |
| Fecha: |
1998-04-29 2007-03-07 1998-04-29 2007-03-07 1995 |
| Publicador: | AgEcon |
| Fuente: |
 |
| Tipo: | Working or Discussion Paper |
| Tema: |
environmental policy open economy game Environmental Economics and Policy D62 F13 Q28 |
| Descripción: | In this paper we study some aspects of the question of international environmental regulation from a game theoretic perspective. We address two broad questions. First, we examine the circumstances under which the pursuit of unilateral environmental policy by a country in a Stackelberg game will make that country worse off. Second, we study the effects of environmental regulation by means of alternate price control instruments in a Stackelberg game where there is transboundary pollution. We find that there are plausible theoretical circumstances in which the pursuit of unilateral environmental policy is not a good idea. Further, we show that in choosing between alternate pollution control instruments, national governments typically face a tradeoff between instruments which correct more distortions but are costly to implement and instruments which correct fewer distortions but are less costly to implement. In particular, we obtain a dominance result for a tariff policy; this result favors the use of tariffs from an informational standpoint alone. Published in Annals of Regional Science 30 (2, 1996): 185-200. |
| Idioma: |
English en |
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