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A differential game of R&D investment for pollution abatement in different market structures

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Abstract This paper extends the recent work of Shibata from static perspective to dynamic perspective, presents a differential game model of pollution abatement RD the pollution abatement R&D investment spillovers… Click to show full abstract

Abstract This paper extends the recent work of Shibata from static perspective to dynamic perspective, presents a differential game model of pollution abatement RD the pollution abatement R&D investment spillovers have some positive influence on optimal cooperative R&D investment while make the optimal noncooperative R&D investment decrease.

Keywords: game investment; investment; pollution abatement; differential game

Journal Title: Physica A: Statistical Mechanics and its Applications
Year Published: 2019

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