Failures in adopting green technology under perfect pollution pricing and monopoly
Andrew Davis ()
International Review of Economics Education, 2017, vol. 26, issue C, 9-13
Abstract:
The regulation of environmental externalities via pollution pricing is a mainstay of many environmental economics texts. Internalizing the cost of pollution leads firms to reduce output to the efficient quantity. However, firms often make decisions other than quantity, such as a choice of which technology to use in production, and studying these choices is often mathematically challenging for undergraduates.
Keywords: Externalities; Green technology; Environmental economics; Monopoly; Imperfect competition (search for similar items in EconPapers)
Date: 2017
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Persistent link: https://EconPapers.repec.org/RePEc:eee:ireced:v:26:y:2017:i:c:p:9-13
DOI: 10.1016/j.iree.2017.06.002
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