We consider a repeated regulation model in an oligopoly under asymmetric information with pollution. An iterative …

on prices to curb such controversial practices. In this work, we find that, relative to non-regulation, appropriate … regulation may alleviate the cut-throat price competition among firms, and lead to a Pareto win-win outcome from the perspectives … of consumers and firms. However, inappropriate fairness regulation may stifle product quality improvement or induce high …

We study the effect of environmental risk on the extraction of a common resource. Using a dynamic and non … anticipation of such an event has an ambiguous effect on extraction and the tragedy of the commons. A risk of a reduction in the … renewability induces the agents to extract less today while a risk of a deterioration in the quality has the opposite effect …

We study the effect of environmental risk on the extraction of a common resource. Using a dynamic and non … anticipation of such an event has an ambiguous effect on extraction and the tragedy of the commons. A risk of a reduction in the … renewability induces the agents to extract less today while a risk of a deterioration in the quality has the opposite effect …