[HTML][HTML] Do strong oligopolies reverse Green Paradox effects?
G van der Meijden, H Benchekroun… - European Journal of …, 2023 - Elsevier
In a competitive market renewable energy subsidies or postponement of carbon pricing tend
to boost emissions and global warming in the short run. This so-called Green Paradox effect …
to boost emissions and global warming in the short run. This so-called Green Paradox effect …
Stackelberg versus Cournot: a differential game approach
L Colombo, P Labrecciosa - Journal of Economic Dynamics and Control, 2019 - Elsevier
We propose an infinite-horizon differential oligopoly game where, at each point in time, m
Stackelberg leaders and n− m Stackelberg followers exploit a common-pool renewable …
Stackelberg leaders and n− m Stackelberg followers exploit a common-pool renewable …
On nonrenewable resource oligopolies: The asymmetric case
H Benchekroun, A Halsema, C Withagen - Journal of Economic Dynamics …, 2009 - Elsevier
We give a full characterization of the open-loop Nash equilibrium of a nonrenewable
resource game between two types of firms differing in extraction costs. We show that (i) there …
resource game between two types of firms differing in extraction costs. We show that (i) there …
Consumer surplus-enhancing cooperation in a natural resource oligopoly
L Colombo, P Labrecciosa - Journal of Environmental Economics and …, 2018 - Elsevier
In this study, we use a differential game to illustrate that cooperation among oligopolists
selling a common-pool renewable resource may lead not only to higher industrial output …
selling a common-pool renewable resource may lead not only to higher industrial output …
[HTML][HTML] OPEC, unconventional oil and climate change-On the importance of the order of extraction
H Benchekroun, G van der Meijden… - Journal of Environmental …, 2020 - Elsevier
We show that OPEC's market power contributes to climate change by enabling producers of
relatively expensive and dirty oil to start producing before OPEC reserves are depleted. We …
relatively expensive and dirty oil to start producing before OPEC reserves are depleted. We …
When additional resource stocks reduce welfare
H Benchekroun, A Halsema, C Withagen - Journal of environmental …, 2010 - Elsevier
In the dominant firm model, we show that an increase of the fringe's reserves of a
nonrenewable resource may lead to a decrease in aggregate discounted social welfare …
nonrenewable resource may lead to a decrease in aggregate discounted social welfare …
Backward induction algorithm for a class of closed-loop Stackelberg games
R Kicsiny, Z Varga, A Scarelli - European Journal of Operational Research, 2014 - Elsevier
In the paper a new deterministic continuum-strategy two-player discrete-time dynamic
Stackelberg game is proposed with fixed finite time duration and closed-loop information …
Stackelberg game is proposed with fixed finite time duration and closed-loop information …
Dynamic Stackelberg duopoly with sticky prices and a myopic follower
K Kańska, A Wiszniewska-Matyszkiel - Operational Research, 2022 - Springer
In this paper, we study a model of a market with asymmetric information and sticky prices—
the dynamic Stackelberg model with a myopic follower and infinite time horizon of Fujiwara …
the dynamic Stackelberg model with a myopic follower and infinite time horizon of Fujiwara …
The US-China Supply Competition for Rare Earth Elements: a Dynamic Game View
B Zou, S Poncin, L Bertinelli - Environmental Modeling & Assessment, 2022 - Springer
Rare earth elements govern today's high-tech world and are deemed to be essential for the
attainment of sustainable development goals. Since the 1990s, these elements have been …
attainment of sustainable development goals. Since the 1990s, these elements have been …
An oligopoly-fringe non-renewable resource game in the presence of a renewable substitute
H Benchekroun, G van der Meijden… - Journal of Economic …, 2019 - Elsevier
In accordance with recent empirical evidence, we model the oil market as an oligopoly
facing a fringe as well as competition from renewable resources. Within this framework we …
facing a fringe as well as competition from renewable resources. Within this framework we …