Markov Perfect Equilibria in Multi-Mode Differential Games with Endogenous Timing of Mode Transitions
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DOI: 10.1007/s13235-021-00408-w
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"The irreversible pollution game,"
Journal of Environmental Economics and Management, Elsevier, vol. 120(C).
- Raouf Boucekkine & Weihua Ruan & Benteng Zou, 2022. "The Irreversible Pollution Game," LIDAM Discussion Papers IRES 2022012, Université catholique de Louvain, Institut de Recherches Economiques et Sociales (IRES).
- Raouf Bouccekine & Weihua Ruan & Benteng Zou, 2022. "The Irreversible Pollution Game," DEM Discussion Paper Series 22-03, Department of Economics at the University of Luxembourg.
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More about this item
Keywords
Multi-mode differential games; Markov perfect equilibrium; Product innovation; Optimal timing;All these keywords.
JEL classification:
- C73 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory - - - Stochastic and Dynamic Games; Evolutionary Games
- L13 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance - - - Oligopoly and Other Imperfect Markets
- O31 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Innovation and Invention: Processes and Incentives
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