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UID:20260623T214530EDT-40700cdAHO@132.216.98.100
DTSTAMP:20260624T014530Z
DESCRIPTION:Dynamic Games and Applications Seminar\n\nSpeaker: Guiomar Mart
 ín-Herrán –Departamento de Economía Aplicada\, Universidad de Valladolid\,
  Spain\n\nWebinar link\n	Webinar ID: 962 7774 9870\n	Passcode: 285404\n\nWit
 hin a non-cooperative transboundary pollution dynamic game\, we study the 
 strategic impact of a region's investment in the adoption of a cleaner tec
 hnology\, as embodied by a reduction in the emission per output ratio\, on
  the equilibrium outcomes and regions' welfare. The ratio of emissions to 
 output is endogenous and is a decreasing function of the level of the stoc
 k of clean technology. Each region can invest in a clean technology in add
 ition to its control of emissions. Clean technology is assumed to be publi
 c knowledge so that both regions benefit from the investment in clean tech
 nology of an individual region. Pollution damage is modelled as a strictly
  convex function in the pollution stock. We analyze the feedback equilibri
 um of the non-cooperative game between two regions played over an infinite
  horizon. The formulation of the transboundary pollution dynamic game does
  not fit any special structure of analytically tractable games such as lin
 ear-state or linear-quadratic differential games. We develop numerical met
 hods to characterize the feedback equilibrium of the non-cooperative game 
 between two regions. The equilibrium trajectories of the stock of pollutio
 n and stock of clean technology as well the regions' welfare are compared 
 under different scenarios.\n\n(jointly with Javier de Frutos and Paula M. 
 López-Pérez).\n
DTSTART:20210415T150000Z
DTEND:20210415T160000Z
LOCATION:CA\, ZOOM
SUMMARY:Investment in cleaner technologies in a transboundary pollution dyn
 amic game. A numerical investigation
URL:/cim/channels/event/investment-cleaner-technologie
 s-transboundary-pollution-dynamic-game-numerical-investigation-330382
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