Market Power in Emission Permit Markets: Theory and Evidence from the EU ETS
نویسندگان
چکیده
منابع مشابه
Market Power in Pollution Permit Markets*
As with other commodity markets, markets for trading pollution permits have not been immune to market power concerns. In this paper, I survey the existing literature on market power in permit trading but also contribute with some new results and ideas. I start the survey with Hahn’s (1984) dominant-firm (static) model that I then extend to the case in which there are two or more strategic firms...
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ژورنال
عنوان ژورنال: Environmental and Resource Economics
سال: 2015
ISSN: 0924-6460,1573-1502
DOI: 10.1007/s10640-015-9939-4