Time-consistent Shapley value allocation of pollution cost reduction
Article Abstract:
The problem of allocation over time of total cost incurred by countries in a cooperative game of pollution reduction is studied. A mechanism for allocation over time of total individual cost is designed to maintain the validity for the whole duration of the game.
Publication Name: Journal of Economic Dynamics & Control
Subject: Economics
ISSN: 0165-1889
Year: 2003
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A Hotelling model with a ceiling on the stock of pollution
Article Abstract:
The Hotelling model proposes how nations can manage energy resources and control emission of pollutants by using low-cost nonrenewable resources and high-cost renewable resources conjointly.
Publication Name: Journal of Economic Dynamics & Control
Subject: Economics
ISSN: 0165-1889
Year: 2006
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Channel coordination over time: incentive equilibria and credibility
Article Abstract:
The channel of distribution, which consists of a manufacturer and a retailer, are studied. The questions about the credibility of the incentive strategies are answered.
Publication Name: Journal of Economic Dynamics & Control
Subject: Economics
ISSN: 0165-1889
Year: 2003
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