2023
DOI: 10.1051/ro/2023059
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A comparative study on a firm’s optimal production decision considering risk aversion and carbon policies

Abstract: To cope with global warming and achieve the goal of carbon emission reduction, various carbon policies have been implemented in many countries and regions. Some studies have indicated that with the popularity of low carbon, a small proportion of consumers show a green purchasing tendency. However, for firms, it is still difficult to predict the green purchase preferences of most consumers, and firms may face greater market demand uncertainty, which will bring profit risks. We assume that a firm’s decision is s… Show more

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