Green Firm, Brown Production
Published By: Indira Gandhi Institute of Development Research (I | Published Date: March, 07 , 2018In a theoretical model of an environmentally conscious (“green”) monopolist, we show that increasing greenness does not always mean lower output and environmental damages. The Author assumes that a green firm can internalize environmental externalities in its decision making process and/or invest in cleaner production technology and management practices. The paper also finds that the results hold regardless of whether consumers value the firm’s pro-environmental actions or not.
Author(s): Rupayan Pal, A.M. Tanvir Hussainb, Prasenjit Banerjeec | Posted on: Apr 04, 2018 | Views() | Download (123)