Setting trigger price in emissions permit markets equipped with a safety valve mechanism
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DOI: 10.1007/s11149-011-9168-x
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- Tang, Bao-Jun & Wang, Xiang-Yu & Wei, Yi-Ming, 2019. "Quantities versus prices for best social welfare in carbon reduction: A literature review," Applied Energy, Elsevier, vol. 233, pages 554-564.
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More about this item
Keywords
Tradable permits; Marketable permits; Cap-and-trade systems; Uncertainty; Price cap; Q58; D23; H11;All these keywords.
JEL classification:
- Q58 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Environmental Economics: Government Policy
- D23 - Microeconomics - - Production and Organizations - - - Organizational Behavior; Transaction Costs; Property Rights
- H11 - Public Economics - - Structure and Scope of Government - - - Structure and Scope of Government
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