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Optimal Regime Switching and Threshold Effects: Theory and Application to a R...
We consider a general control problem with two types of optimal regime switch. The first one concerns technological and/or institutional regimes indexed by a finite... -
Optimal Extraction of a Polluting Nonrenewable Resource with R&D toward a Cle...
International audience -
Carbon tax and OPEC's rents under a ceiling constraint
We study the Markov-perfect Nash equilibrium (MPNE) of a game between oil-importing countries, who seek to maintain the atmospheric carbon concentration under a given... -
Dynamic games relative to climate change
The world we are in : dynamic games relative to climate change. In these games the setting up of a carbon tax has Pigouvian grounds (to take into account the damage...
