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oai:docta.ucm.es:20.500.14352/940772025-08-28T15:28:04Zcom_20.500.14352_14col_20.500.14352_18

Strategic Interaction Among Firms in Output and Emission Markets: A Unified Framework André García, Francisco Javier Castro Lejarriaga, Luis Miguel De Pierre-Olivier Pineau Simon Sigué, Sihem Taboubi Cap-and-trade (CAT) programs are nowadays a common tool used by authorities to regulate polluting emissions and tackle environmental problems such as Climate Change. In this chapter, we analyze the implications of firm’s strategic behavior in product and emission permit markets for the success of these policies. We survey the related literature focusing on the relevance of market structure and firms’ competition. We develop a simple but unifying setting to revisit some of the main academic results on the subject 2024-01-19T13:22:14Z 2024-01-19T13:22:14Z 2024-01-19T13:22:14Z 2019 book part https://hdl.handle.net/20.500.14352/94077 0884-8289 10.1007/978-3-030-19107-8_12 2214-7934 eng André, Francisco J., y Luis M. De Castro. «Strategic Interaction Among Firms in Output and Emission Markets: A Unified Framework». En Games in Management Science, editado por Pierre-Olivier Pineau, Simon Sigué, y Sihem Taboubi, 280:205-29. Cham: Springer International Publishing, 2020. https://doi.org/10.1007/978-3-030-19107-8_12. http://creativecommons.org/licenses/by-nc-nd/4.0/ open access Attribution-NonCommercial-NoDerivatives 4.0 International Springer