Adoption of a clean technology using a renewable energy

Adoption of a clean technology using a

renewable energy

Ben Youssef, Slim

Ecole Supérieure de Commerce de Tunis

September 2010

Online at

https://mpra.ub.uni-muenchen.de/25576/

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We have the following ranking for the optimal adoption dates:

* * _ˆ

0<τ <τ <τn (22) Therefore, the optimal adoption date for the regulated firm is earlier than the socially optimal one. However, the optimal adoption date for the non regulated firm is later than the socially optimal one.

Proof. See the Appendix.

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