Event

A model of river pollution as a dynamic game with network externalities

Thursday, June 17, 2021 11:00to12:00
ZOOM, CA

Dynamic Games and Applications Seminar

Speaker: Artem Sedakov - Saint Petersburg State University, Russia

Webinar link
Webinar ID: 881 6070 4034
Passcode: 095916

In this talk, we investigate a model of river pollution as a dynamic game with network externalities. We suppose that firms, which are located along the river flow, produce goods and compete in a market. The production results in water pollution, and the pollution emissions of a firm can influence downstream counterparts. We analyze this model in detail by incorporating a firm’s location and analytically comparing equilibrium and cooperative behavior. Additionally, we examine the model under myopic behavior where firms place no weight on their future gains.

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