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Full-Text Articles in Business
Variational Inequalities For Marketable Pollution Permits With Technological Investment Opportunities: The Case Of Oligopolistic Markets, Anna Nagurney, Kathy Dhanda
Variational Inequalities For Marketable Pollution Permits With Technological Investment Opportunities: The Case Of Oligopolistic Markets, Anna Nagurney, Kathy Dhanda
Kathy K Dhanda
In this paper, we develop a variational inequality framework for the modeling, qualitative analysis, and computation of equilibrium patterns in multiproduct, multipollutant oligopolistic markets with marketable pollution permits along with opportunities for investment in production technology and/or emission-abatement technology. The model deals explicitly with spatial differentiation and also guarantees that the imposed environmental standards are met through the initial allocation of licenses. An algorithm is proposed, with convergence results, to compute the profitmaximized quantities of oligopolistic firms' products and the quantities of emissions, along with the equilibrium allocation of licenses and their prices, as well as the optimal investments in …
A General Multiproduct, Multipollutant Market Pollution Permit Model: A Variational Inequality Approach, Anna Nagurney, Kathy Kanwalroop Dhanda, John K. Stranlund
A General Multiproduct, Multipollutant Market Pollution Permit Model: A Variational Inequality Approach, Anna Nagurney, Kathy Kanwalroop Dhanda, John K. Stranlund
Kathy K Dhanda
In this paper, we develop a new model in marketable pollution permits that consists of perfectly competitive, multi-product, multi-pollutant firms. The formulation and qualitative analysis of the model, as well as the computational approach, are based on the theory of variational inequalities.
A General Multiproduct, Multipollutant Market Pollution Permit Model: A Variational Inequality Approach, Anna Nagurney, Kathy K. Dhanda, John Stranlund
A General Multiproduct, Multipollutant Market Pollution Permit Model: A Variational Inequality Approach, Anna Nagurney, Kathy K. Dhanda, John Stranlund
Kathy K Dhanda
No abstract provided.