faculty research lightning talk: environmental economics ... talk.pdf · faculty research lightning...
TRANSCRIPT
Faculty Research Lightning Talk: Environmental Economics and Game Theory
Faculty Research Lightning Talk: EnvironmentalEconomics and Game Theory
Ana Espinola-ArredondoSchool of Economic Sciences, Washington State University
August 18, 2016
Faculty Research Lightning Talk: Environmental Economics and Game Theory
Motivation
Externalities
PollutionClimate ChangeGlobal Warming
Green vs. Brown
Environmental regulation.
Faculty Research Lightning Talk: Environmental Economics and Game Theory
Environmental Regulation
Does environmental regulation affect the market structure?
Entry-DeterrenceMonopoly
Does environmental regulation promote the acquisition ofclean technology?
Clean technology as a tool to avoid entry
Faculty Research Lightning Talk: Environmental Economics and Game Theory
Complete vs. Incomplete Information
Faculty Research Lightning Talk: Environmental Economics and Game Theory
Complete vs. Incomplete Information
The regulator cannot observe:
Firms’ production cost (Efficiency)Total stock of the resourcePolluter
Firms cannot observe:
Competitors’ costsTotal stockConsumers’ preferences about the environment
Faculty Research Lightning Talk: Environmental Economics and Game Theory
Complete vs. Incomplete Information
Results
Regulation can help promote competition in the market
Disinformation sometimes is good!
An incumbent has incentives to acquire clean technology
Consumers’ awareness about the environment affects firms’behavior