Oligopoly, the Environment and Natural Resources

ISBN-13: 9780415539760 / Angielski / Twarda / 2013 / 360 str.

Luca Lambertini

Opis

Industrial production and consumption patterns rely heavily on the intensive use of both renewable and non-renewable resources and the consequences for the environment can be serious. Following a long period of time where the profit incentives of firms have prevailed over preservation of the environment and the world's natural resources, a new consensus has emerged concerning the need to regulate firm behaviour, aimed at ensuring the sustainability of the economic system. This book offers an exhaustive overview of current economic debate about these topics, taking modern oligopoly theory as a benchmark.

Spis treści

1. Introduction: A Tragedy of Commons  2. Oligopoly, Pigouvian taxation and pollution permits  3. Mergers, vertical relations and collusion  4. Environmental Quality, Quality, Standards, and the Porter hypothesis  5. Mixed oligopoly and corporate social responsibility  6. Consumer environmental awareness  7. International trade  8. Dynamic games I: the environment  9. Dynamic games II: natural resources  10. Appendix: Elements of optimal control and differential game theory

O autorze

Luca Lambertini is Professor of Economics and Head of the Department of Economics at the University of Bologna, Italy.