Mitigating Market Power under Tradeable Permits
نویسندگان
چکیده
منابع مشابه
Testing the E¢ciency of a Tradeable Permits Market
A tradeable permits market is said to be e¢cient when all a¤ected ...rms trade permits until their marginal costs equal the market price. Detailed ...rm-level data are generally required to perform such an e¢ciency test, yet such information is rarely available. If ...rms face a declining target, however, and are allowed to bank permits, as has occured recently, aggregated data such as the evol...
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ژورنال
عنوان ژورنال: SSRN Electronic Journal
سال: 2012
ISSN: 1556-5068
DOI: 10.2139/ssrn.2159184