Article ID Journal Published Year Pages File Type
10399077 Automatica 2005 13 Pages PDF
Abstract
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.
Related Topics
Physical Sciences and Engineering Engineering Control and Systems Engineering
Authors
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