研討日期

2025011310:30-12:20

研討地點

國立臺灣大學社會科學院710會議室

主講題目

Title of the paper

Being green first: Simultaneous vs. sequential abatement decisions

作者

Authors of the paper

John C. Strandholm , Ana Espinola-Arredondo , Felix Munoz-Garcia

文獻出處

Journal, vol.(issue), pp

Economics Letters

Volume 227, June 2023, 111123

https://doi.org/10.1016/j.econlet.2023.111123

主講人

林晏如

參加人員

黃鴻、林燕淑、施林晏如高國峯許至乙張瑞雲、周冰瑤Ayu Sasni MunteMicah MainalaAnggoro Prihandoko楊雅棠、許尹禎、謝旻軒、郭昀昕、李雲安

摘要

Abstract of the Paper

We investigate the effect of the timing of green technology investment in a polluting duopoly facing environmental regulation. We consider a three-stage game where (i) firms sequentially choose their investment in the first stage, (ii) the regulator sets the optimal emission fee in the second stage, and (iii) the polluting good is produced in the third stage. When free-riding incentives are strong the leader enjoys a first-mover advantage, investing less in abatement than the follower, as in sequential public good games. We also show that sequential investment decisions achieve higher abatement than simultaneous decisions, and identify in which settings such a difference is the largest.