Comparison of different Stackelberg solutions in a deterministic dynamic pollution control

We study different dynamic Stackelberg solutions within a pollution control problem framework. This study is made under the assumption of different information structures, mainly we assume open-loop, feedback and closed-loop structures of information. Some of the numerical results may appear counterintuitive. Hence, there exists some situations where the time consistent solution is optimal in comparison of the time inconsistent one. Moreover, the perfect discretionary solution is advantageous for everyone then to stay committed to the initial one.