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- W3194630329 abstract "This paper develops a dynamic optimal control model to investigate the effects of consumer environmental awareness and emission tax on firms' green innovation investment and pricing strategies. Our main results show the following: (i) when both consumer environmental awareness and emission tax are present, the firm's reaction to environmental awareness may be non‐monotone, although a higher emission tax always yields higher green innovation investment and price; (ii) competition in an environmentally sensitive market increases the investment of the firm's green innovation; (iii) raising emission tax may be a better policy choice than promoting consumer environmental awareness when the market size is small." @default.
- W3194630329 created "2021-08-30" @default.
- W3194630329 creator A5018414077 @default.
- W3194630329 date "2021-08-18" @default.
- W3194630329 modified "2023-10-03" @default.
- W3194630329 title "Dynamic optimal control of firms' green innovation investment and pricing strategies with environmental awareness and emission tax" @default.
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- W3194630329 doi "https://doi.org/10.1002/mde.3427" @default.
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