Greening of Markets. Product Competition, Pollution and Policy Making in a Duopoly - Michael Kuhn

The author introduces the model of an environmentally differentiated duopoly, in order to explicitly analyse the strategic interaction within such a market. He studies in detail the effects of environmental product standards, eco-labels, 'green' R&D subsidies and environmental taxation on firm behaviour, welfare and emissions. Non-technical sections providing the empirical context expertly complement the formal theoretical analysis of environmental policy making. The author goes on to present important new conclusions for environmental policy and an agenda for future research.

The Greening of Markets will be of immense interest to students and academics of environmental economics and applied industrial organisation, as well as policy makers and environmental managers.