This paper analyses the effect of green energy promotion policies in a decentralized power industry. We develop a Cournot duopolistic competition between risk-adverse operators each detaining polluting and clean technologies. We show that the…
In the wake of the impasse in the Doha Development Round of multilateral trade talks, sector-specific plurilateral trade agreements (PTAs) have been gaining traction. However, PTAs mostly appeal to developed countries, with the uptake among…