عنوان
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A Differential Oligopoly Game with Sticky Prices and Environmental Externality
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نوع پژوهش
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مقاله چاپ شده
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کلیدواژهها
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Price Stickiness, Differential Games, Environmental External, Social Welfare
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چکیده
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We investigate a differential oligopoly games with sticky prices and environmental externality. The external effect is determined by sales. We compute the socially optimal allocation, where a benevolent planner sets production plans so as to maximize the discounted social welfare, in both existence and non-existence environmental externality, and show that the latter equilibrium entails a larger level of steady state production as compared to the former.
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پژوهشگران
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صمد یداله پور عربی یداله پور عربی (نفر دوم)، امیر منصور طهرانچیان (نفر اول)
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