Sanin, María Eugenia; Zanaj, Skerdilajda - Center for Operations Research and Econometrics … - 2009
) have explicitly intro-
duced a competitive output market in their analysis. To the best of our knowledge,
only Montero … ) to �rm j. The total amount of permits available
S and the fractions and (1 ) are common knowledge. We assume that …, "Innovation in pollution control", Journal
of Environmental Economics and Management, 13, 18�29 (1986).
[3] Gabszewicz J.J. and S …