Greenhouse Gases, Cooperation and Exchange
Sjur Flåm
Norway; Department of Economics, University of Bergen from Department of Economics, University of Bergen
Abstract:
Emission of uniformly dispersed greenhouse gases in construed here as a cooperative production game, featuring side-payments, quata exchange, uncertainty, and multi-period planning. Stochastic programming offers good instruments to analyze such games. Absent efficient markets for emissions, such programming may help to imitate market-like, price-based transfers among concerned parties.
Keywords: PRODUCTION; GAMES; POLLUTION; MARKET (search for similar items in EconPapers)
JEL-codes: C70 Q48 (search for similar items in EconPapers)
Pages: 12 pages
Date: 2001
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Persistent link: https://EconPapers.repec.org/RePEc:fth:bereco:0401
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