Skip navigation
Por favor, use este identificador para citar o enlazar este ítem:
Título: The Impact of Foresight in a Transboundary Pollution Game
Autor: Benchekroun, Hassan
Martín-Herrán, Guiomar
Año del Documento: 2016
Descripción: Producción Científica
Documento Fuente: European Journal of Operational Research, 251, 300-309, 2016.
Resumen: We study the impact of foresight in a transboundary pollution game; i.e. the ability of a country to control its emissions taking into account the relationship between current emissions and future levels of pollution and thus on future damages. We show that when all countries are myopic, i.e., choose the 'laisser-faire' policy, their payo s are smaller than when all countries are farsighted, i.e., non-myopic. However, in the case where one myopic country becomes farsighted we show that the welfare impact of foresight on that country is ambiguous. Foresight may be welfare reducing for the country that acquires it. This is due to the reaction of the other farsighted countries to that country's acquisition of foresight. The country that acquires foresight reduces its emissions while the other farsighted countries extend their emissions. The overall impact on total emissions is ambiguous. Moreover, our results suggest that incentive mechanisms, that involve a very small (possibly zero) present value of transfers, can play an important role in inducing a country to adopt a farsighted behavior and diminishing the number of myopic countries. These incentives would compensate the myopic country for the short-run losses incurred from the acquisition of foresight and can be reimbursed by that country from the gains from foresight that it enjoys in the long run.
Revisión por Pares: SI
Patrocinador: The rst author research is supported by SSHRC, Canada. The second author research is partially supported by MEC under projects ECO2011-24352 and ECO2014-52343-P, co- nanced by FEDER funds, and by COST Action IS1104. One working paper version has circulated under a di erent title: \Myopia in a Transboundary Pollution Game".
Idioma: eng
Derechos: info:eu-repo/semantics/embargoedAccess
Aparece en las colecciones:DEP20 - Artículos de revista

Ficheros en este ítem:
Fichero Descripción TamañoFormato 
Benchekroun_MartinHerran_Revised_November_11_2015.pdf394,88 kBAdobe PDFThumbnail

Los ítems de UVaDOC están protegidos por copyright, con todos los derechos reservados, a menos que se indique lo contrario.

Universidad de Valladolid
Powered by MIT's. DSpace software, Version 5.5