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The Ambient Charge in Hyperbolic Duopoly and Triopoly: Static and Dynamic Analysis

  • Akio MatsumotoEmail author
  • Keiko Nakayama
  • Ferenc Szidarovszky
Chapter
Part of the New Frontiers in Regional Science: Asian Perspectives book series (NFRSASIPER, volume 34)

Abstract

This paper presents a static and a dynamic model of an environmental policy of the ambient tax related to nonpoint source pollution that has many different sources. We apply the model to controllability by the ambient tax rate, showing that increasing the rate reduces the total level of the pollution. We also consider dynamic characteristics in the discrete time scales and numerically show the birth of complex dynamics via period-doubling bifurcation.

Keywords

Nonpoint source pollution Ambient charge Hyperbolic price function Duopoly and triopoly Complex dynamics 

References

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Copyright information

© Springer Nature Singapore Pte Ltd. 2019

Authors and Affiliations

  • Akio Matsumoto
    • 1
    Email author
  • Keiko Nakayama
    • 2
  • Ferenc Szidarovszky
    • 3
  1. 1.Department of EconomicsChuo UniversityTokyoJapan
  2. 2.Department of EconomicsChukyo UniversityNagoyaJapan
  3. 3.Department of MathematicsCorvinus UniversityBudapestHungary

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