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22 septembre 2017
- handle: 10670/1.o1dixu
- halshs: halshs-01591879
info:eu-repo/semantics/OpenAccess
Mots-clés
Multi-market Cournot Game Waste management recycling Coproduction C - Mathematical and Quantitative Methods/C.C7 - Game Theory and Bargaining Theory L - Industrial Organization/L.L1 - Market Structure, Firm Strategy, and Market Performance Q - Agricultural and Natural Resource Economics • Environmental and Ecological Economics/Q.Q5 - Environmental EconomicsSujets proches
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Thomas Vallée et al., « To discard or to coproduce by recycling waste: An output constraint analysis », HAL-SHS : économie et finance, ID : 10670/1.o1dixu
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Résumé
This paper investigates a multi-market Cournot model where a particular firm may be present in a secondary market by recycling its waste as coproducts. We show the conditions under which the recycling strategy is optimal for the firm, thus creating coproduction and co-value. Unlike the usual models found in the literature based on costs and potential economies of scope, our model associates the relationship between the two goods as a new technological constraint for production. We show that an optimal percentage of recycling the waste as a new coproduct exists and depends on the structural conditions of the two markets.