Incentive equilibrium strategies and welfare allocation in a dynamic game of pollution control
Automatica (Journal of IFAC)
A cooperative stochastic differential game of transboundary industrial pollution
Automatica (Journal of IFAC)
Korpelevich's method for variational inequality problems in Banach spaces
Journal of Global Optimization
A Cooperative Differential Game Model for Multiuser Rate-Based Flow Control
Wireless Personal Communications: An International Journal
A Cooperative Differential Game of Transmission Power Control in Wireless Networks
Wireless Personal Communications: An International Journal
Hi-index | 22.15 |
This paper proposes a two-player, finite-horizon differential game model to analyze joint implementation in environmental projects, one of the flexible mechanisms considered in the Kyoto Protocol. Our results show that allowing for foreign investments could in some cases increase the welfares of both parties involved in the project. Further, imposing an environmental target constraint does not necessarily deteriorate the payoffs of both players. Finally, a leakage effect does occur when foreign investments are possible.