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We extend a well known differential oligopoly game to encompass the possibility for production to generate a negative environmental externality, regulated through Pigouvian taxation and price caps. We show that, if the price cap is set so as to fix the tolerable maximum amount of emissions, the...
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Turning the page -- On the use of dynamic models in economics -- What to do with uncertainties? -- Optimization in age-structured dynamic economic models -- A vindication of open-loop equilibria in differential games -- A linear state game of advertising à la Vidale-Wolfe -- The cost of myopia...
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