Investment Option Game for Controlling Global Stock Pollution under Uncertainty
DC Field | Value | Language |
---|---|---|
dc.contributor.author | Park, Hojeong | - |
dc.date.accessioned | 2021-09-07T21:13:48Z | - |
dc.date.available | 2021-09-07T21:13:48Z | - |
dc.date.created | 2021-06-14 | - |
dc.date.issued | 2011 | - |
dc.identifier.issn | 0254-3737 | - |
dc.identifier.uri | https://scholar.korea.ac.kr/handle/2021.sw.korea/114857 | - |
dc.description.abstract | Stock pollution involves a tradeoff between irreversible environmental impacts and investment costs. Such a tradeoff creates opposing incentives between early- and late-policy adoptions to reduce stock pollution emissions. Earlier studies consider the effects of the uncertainty of environmental impacts on investment timing. This paper extends these studies by considering interactions between two players in order to abate stock pollution. When the uncertainty of environmental damage exists, the absence of cooperative policy may result in further environmental damage because the irreversibility of investments dominates that of environmental damages. | - |
dc.language | English | - |
dc.language.iso | en | - |
dc.publisher | KOREAN ECONOMIC ASSOCIATION | - |
dc.subject | EMISSIONS | - |
dc.title | Investment Option Game for Controlling Global Stock Pollution under Uncertainty | - |
dc.type | Article | - |
dc.contributor.affiliatedAuthor | Park, Hojeong | - |
dc.identifier.wosid | 000299806300004 | - |
dc.identifier.bibliographicCitation | KOREAN ECONOMIC REVIEW, v.27, no.1, pp.75 - 91 | - |
dc.relation.isPartOf | KOREAN ECONOMIC REVIEW | - |
dc.citation.title | KOREAN ECONOMIC REVIEW | - |
dc.citation.volume | 27 | - |
dc.citation.number | 1 | - |
dc.citation.startPage | 75 | - |
dc.citation.endPage | 91 | - |
dc.type.rims | ART | - |
dc.type.docType | Article | - |
dc.identifier.kciid | ART001562817 | - |
dc.description.journalClass | 2 | - |
dc.description.journalRegisteredClass | kci | - |
dc.relation.journalResearchArea | Business & Economics | - |
dc.relation.journalWebOfScienceCategory | Economics | - |
dc.subject.keywordPlus | EMISSIONS | - |
dc.subject.keywordAuthor | Stock Pollutant | - |
dc.subject.keywordAuthor | Investment | - |
dc.subject.keywordAuthor | Irreversibility | - |
dc.subject.keywordAuthor | Real Option | - |
Items in ScholarWorks are protected by copyright, with all rights reserved, unless otherwise indicated.
(02841) 서울특별시 성북구 안암로 14502-3290-1114
COPYRIGHT © 2021 Korea University. All Rights Reserved.
Certain data included herein are derived from the © Web of Science of Clarivate Analytics. All rights reserved.
You may not copy or re-distribute this material in whole or in part without the prior written consent of Clarivate Analytics.