"Sustainable development must satisfy the needs of present generations without compromising the ability of future generations to meet theirs. Although it looks at the economic, environmental and social aspects of sustainability, this article focuses specifically on an analysis of the concept in...

This paper examines the optimal environmental policy in a mixed oligopoly when pollution accumulates over time. Specifically, we assume quantity competition between several private firms and one partially privatized firm. The optimal emission tax is shown to be independent of the weight the...