haku: @indexterm POLLUTION / yhteensä: 343
viite: 243 / 343
| Tekijä: | Fehr, N-H. M. von der |
| Otsikko: | Tradable emission rights and strategic interaction |
| Lehti: | Environmental and Resource Economics
1993 : APR, VOL. 3:2, p. 129-151 |
| Asiasana: | POLLUTION ENVIRONMENTAL PROTECTION COMPETITION POLLUTION CONTROL |
| Kieli: | eng |
| Tiivistelmä: | The use of tradable emission rights as environmental policy instruments may affect the conditions for strategic interaction between regulated firms and thus have implication for competition policy. An analysis is presented to show how, and under what conditions, emission rights can be used strategically by oligopolistic firms for predatory and exclusionary purposes. The arguments provided should be set against the possible anti-competitive effects of pollution permits. It is also shown that strategic manipulation of the permit market may have anti-competitive, and moreover, negative welfare effects, in output markets. |
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