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No-regret Pollution Abatement Options: A Correction of Bréchet and Jouvet (2009)

Antonin Pottier 1 Adrien Nguyen-Huu 2
1 CIRED - Centre International de Recherche sur l'Environnement et le Développement
2 CEE-M - Centre d'Economie de l'Environnement - Montpellier - UMR 5211
Abstract : In "Why environmental management may yield no-regret pollution abatement options", Ecological Economics, 2009, Bréchet and Jouvet claim to have theoretically shown that profits maximizing firms can reduce pollution compared to laissez-faire and increase their profits. We correct multiple errors in their paper, with the conclusion that their claim no longer stands.
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Submitted on : Thursday, May 28, 2020 - 11:12:04 AM
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EHESS | CIRAD | ENPC | AGROPARISTECH | UNIV-MONTPELLIER | CNRS | INRAE | MONTPELLIER-SUPAGRO | ECON | PARISTECH | CEE-M | CIRED

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Antonin Pottier, Adrien Nguyen-Huu. No-regret Pollution Abatement Options: A Correction of Bréchet and Jouvet (2009). Ecological Economics, Elsevier, 2020, 175, pp.106686. ⟨10.1016/j.ecolecon.2020.106686⟩. ⟨halshs-02615284v2⟩

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