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A Differential Oligopoly Game with Sticky Prices and Environmental Externality
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نویسنده
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Tehranchian Amir Mansour ,Yadollahpour Arabi Samad
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منبع
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iranian economic review - 2013 - دوره : 17 - شماره : 2 - صفحه:83 -106
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چکیده
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We investigate a differential oligopoly games with sticky prices and environmental externality. the external effect is determined by sales. we compute the socially optimal allocation, where a benevolent planner sets production plans so as to maximize the discounted social welfare, in both existence and non-existence environmental externality, and show that the latter equilibrium entails a larger level of steady state production as compared to the former.
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کلیدواژه
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Price Stickiness ,Differential Games ,Environmental Externality ,Social Welfare
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آدرس
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university of mazandaran, Department of Economics, ایران, Allameh Mohaddes Noori Institute of Higher Education, Department of Economics, ایران
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Authors
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