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Article Dans Une Revue International Game Theory Review Année : 2019

To Discard or to Co-Produce by Recycling Waste: An Illustrative Analysis Involving Output Constraint

Résumé

This theoretical paper investigates a multi-market Cournot model where a particular firm may process its waste from the primary market to sell them as co-products on a secondary market. Unlike the usual models found in the jointness in production literature based on costs and economies of scope, our model introduces the technical relationship between both outputs as a physical output constraint. We show the conditions under which a co-producing strategy is optimal for the firm. We find that an optimal share of waste processing depends on the structural conditions of the two markets.
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Dates et versions

hal-03193650 , version 1 (09-04-2021)

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Thomas Vallée, Gino Baudry, Patrice Guillotreau. To Discard or to Co-Produce by Recycling Waste: An Illustrative Analysis Involving Output Constraint. International Game Theory Review, 2019, 21 (03), pp.1950001. ⟨10.1142/S0219198919500014⟩. ⟨hal-03193650⟩
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