The regulation of environmental innovations. (Q1867033)
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| Language | Label | Description | Also known as |
|---|---|---|---|
| English | The regulation of environmental innovations. |
scientific article |
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The regulation of environmental innovations. (English)
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2 April 2003
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In the paper an interesting model of the regulation of the environmental R\&D (research and development) projects with perfect and imperfect (asymmetric) information is presented. In the R\&D model the evaluation of projects is based (only) on the completion time. When the project duration is uncertain to the parties, the model is formulated in terms of a completion time limit.
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environmental regulation
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pollution abatement
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R\&D
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incentive contracts
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intertemporal projects
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auction
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