Environmental R&D Risk Choices and Environmental Policies in a Mixed Duopoly.
This paper investigates how environmental policies—emission tax and emission standard—affect the optimal environmental R&D (ER&D) risk choices of firms in a mixed market. The results show that for the private firm, ER&D risk is lower (higher) under the emission tax than under the emission standard w...
| Published in: | American Journal of Economics & Sociology Vol. 84; no. 5; pp. 671 - 683 |
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| Main Authors: | , , |
| Format: | Article |
| Published: |
Wiley-Blackwell
Nov2025
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| Subjects: | |
| Online Access: | View this record in EBSCOhost |