Uncertainty and Speculators in an Auction for Emissions Permits

Auctions have become popular as means of allocating emissions permits in the emissions trading schemes developed around the world. Mostly, only a subset of the regulated polluters participate in these auctions along with speculators, creating a market with relatively few participants and, thus, ince...

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Veröffentlicht in:MAGKS - Joint Discussion Paper Series in Economics (Band 21-2016b)
1. Verfasser: Haita-Falah, Corina
Format: Artikel
Sprache:Englisch
Veröffentlicht: Philipps-Universität Marburg 2016
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MAGKS - Joint Discussion Paper Series in Economics