Year: 2025
Type: article
Abstract: This paper investigates the role of fiscal incentives in promoting the transition to a green economy using a dynamic mean-field game framework. By modeling firms as representative agents undergoing an environmentally sustainable transition, we analyze two distinct types of incentive structure: fixed incentives and incentives based on the average behavior of firms. The findings underscore the importance of balancing incentive structures to avoid economic inefficiencies and ensure a smooth ecological transition.
Source: Mathematics
DOI: 10.3390/math13050691
Authors: Luca Grosset, Elena Sartori
Institution: University of Padua
Language: English
Subfield: Economics and Econometrics
Domain: Social Sciences
Open Access status: gold
Estimated APC paid: $3,137
OpenAlex ID: W4407843279