Curbing Price Fluctuations in Cap-and-Trade Auctions
نویسندگان
چکیده
منابع مشابه
Auctions and Relative Allocation Mechanisms for Cap-and-Trade Schemes
The present paper is a contribution to the quantitative analysis of the cap-and-trade schemes touted by some as the regulation of choice in the market based approach to climate change. Its main thrust is twofold. Firstly we prove that the well known social optimality of cap-and-trade schemes, which is the main reason for these schemes to be implemented, can be extended to the multi-period stoch...
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ژورنال
عنوان ژورنال: Social Science Research Network
سال: 2021
ISSN: ['1556-5068']
DOI: https://doi.org/10.2139/ssrn.3912376