Back to activities
GERAD seminar

Spatial vs. non-spatial transboundary pollution control in a class of cooperative and non-cooperative dynamic games


May 28, 2019   11:00 AM — 12:00 PM

Guiomar Martín-Herrán Full Professor, Departamento de Economía Aplicada, Universidad de Valladolid, Spain

We analyze a transboundary pollution differential game where, in addition to the standard temporal dimension, a spatial dimension is introduced capturing the geographical aspects. The spatio-temporal dynamics of the pollutant stock is described by a parabolic partial differential equation. Using aggregate variables we analytically characterize the feedback Nash equilibrium of a discrete-space model. As the parameter describing pollution diffusion grows, the equilibrium policies converge to those in the non-spatial setting. In the non-cooperative framework the spatially non-myopic behavior prescribes lower equilibrium emission rates, compatible with greater long-run welfares. In the cooperative framework the only decision-maker still makes spatially strategic decisions.

Free entrance.
Welcome to everyone!

Georges Zaccour organizer


Room 4488
André-Aisenstadt Building
Université de Montréal Campus
2920, chemin de la Tour
Montréal QC H3T 1J4

Associated organization

Research Axis

Research application