Data/hora: 02/06/2024 10:38:21

Provedor de dados: 	31	
País: 	United States	
Título: 	Environmental Regulation and Horizontal Mergers in the Eco-industry	
Autores: 	Canton,   Joan; David,   Maia; Sinclair-Desgagne,   Bernard.	
Data: 	2008-06-25	
Ano: 	2008	
Palavras-chave: 	Eco-Industry; Environmental Policy; Horizontal Mergers; D62; H23; L11.	
Resumo: 	This paper considers the environmental policy and welfare implications of a merger between environment firms (i.e., firms managing environmental resources or supplying pollution abatement goods and services). The traditional analysis of mergers in Cournot oligopolies is extended in two ways. First, we show how environmental policy affects the incentives of environment firms to merge. Second, we stress that mergers in the eco-industry impact welfare beyond what is observed in other sectors, due to an extra effect on pollution abatement efforts; this might lead to disagreements between an anti-trust agency seeking to limit market concentration which can be detrimental to consumer surplus and a benevolent regulator who maximizes total welfare.	
Tipo: 	Working or Discussion Paper	
Idioma: 	Inglês	
Identificador: 	http://purl.umn.edu/37524	
Relação: 	Fondazione Eni Enrico Mattei (FEEM)&gt;Economic Theory and Applications Working Papers

Nota Di Lavoro

46.2008	
Formato: 	31