Dynamic Models of Pollution Penalties and Rewards with Time Delays
In cases of nonpoint pollution sources, the regulator can observe the total emission but unable to distinguish between the firms. The regulator then selects an environmental standard. If the total emission level is higher than the standard, then the firms are uniformly punished, and if lower, then u...
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Main Authors: | Akio Matsumoto, Ferenc Szidarovszky |
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Format: | Article |
Language: | English |
Published: |
Wiley
2020-01-01
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Series: | Abstract and Applied Analysis |
Online Access: | http://dx.doi.org/10.1155/2020/3162634 |
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