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The Greening of Markets - Product Competition, Pollution and Policy Making in a Duopoly (Hardcover)
Loot Price: R3,293
Discovery Miles 32 930
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The Greening of Markets - Product Competition, Pollution and Policy Making in a Duopoly (Hardcover)
Series: New Horizons in Environmental Economics series
Expected to ship within 12 - 17 working days
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'Eco-friendly' variants are rapidly gaining market share in many
industries such as food, textiles, furniture, detergents and
paints, automobiles, electrical appliances and domestic energy.
These markets usually exhibit environmental differentiation, where
consumers differ in their willingness to pay for the environmental
attributes of a product. Building on the existing literature, this
novel book provides a comprehensive analysis of firm strategy and
environmental policy making in these types of 'green' markets. The
author introduces the model of an environmentally differentiated
duopoly, in order to explicitly analyse the strategic interaction
within such a market. He studies in detail the effects of
environmental product standards, eco-labels, 'green' R&D
subsidies and environmental taxation on firm behaviour, welfare and
emissions. Non-technical sections providing the empirical context
expertly complement the formal theoretical analysis of
environmental policy making. The author goes on to present
important new conclusions for environmental policy and an agenda
for future research. The Greening of Markets will be of immense
interest to students and academics of environmental economics and
applied industrial organisation, as well as policy makers and
environmental managers.
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