Timing of adoption of clean technologies by regulated monopolies
We consider a monopoly firm producing a good and, at the same time, polluting and using fossil energy. By incurring an investment cost, this firm can adopt a lower production cost clean technology using renewable energy. We determine the optimal adoption date for the firm in the case where...
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| Format: | Article |
| Language: | English |
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Economists' Association of Vojvodina
2015-01-01
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| Series: | Panoeconomicus |
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| Online Access: | http://www.doiserbia.nb.rs/img/doi/1452-595X/2015/1452-595X1501077Y.pdf |