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Allocation of emission allowances considering strategic voting

Mei, Tianhua; Liu, Jie; Guo, Jianming; Siano, Pierluigi; … - In: Energy economics 114 (2022), pp. 1-9

Persistent link: https://www.econbiz.de/10013477531

Endowment Game and Optimal Total Quantity in the Market for Tradeable Permits

Ujhelyi, Gergely - 2008

The paper extends previous literature on tradeable permits in two directions. First the initial allocation of permits …, it is shown how market design affects the connection between 'Utilitarian,' 'Nash,' and 'Equal Gains' allocation … social utility. The effects of both market design and rules of allocation on optimal total quantity are described. Results …

Persistent link: https://www.econbiz.de/10014117195

Free-riding-proof international environmental agreements

Furusawa, Taiji; Konishi, Hideo - 2011

We study international free-riding-proof coalitions to solve trans-boundary environmental problems such as global warming. We show that the free-riding problem is rather serious so that a free-riding-proof coalition can consist of only a small number of countries. In the optimal coalitional...

Persistent link: https://www.econbiz.de/10009154529

Coalition Strategies and Reduction of GHG Emissions

Patel, Vihang M - 2005

The Flexible Mechanisms articulated in the Kyoto Protocol provide a robust framework for emission reduction issue in a manner that is not just economically efficient, but is also pro-growth for trade. In the presence of liquid or illiquid markets, to attain higher value from the emission...

Persistent link: https://www.econbiz.de/10014067047

How to pollute a river if you must

Yang, Yuzhi; Ansink, Erik; Gudmundsson, Jens - 2023

We propose the river pollution claims problem to distribute a pollution budget among agents located along a river. A key distinction with the standard claims problem is that agents are ordered exogenously. For environmental reasons, the location of pollution along the river is an important...

Persistent link: https://www.econbiz.de/10014313681

Self-enforcing climate agreements : Kyoto versus Paris

Eichner, Thomas; Schopf, Mark - 2021

This paper compares the Kyoto Protocol and the Paris Agreement in the dynamic game of Battaglini and Harstad (2016). The asymmetric Nash solution of this game reflects the Paris Agreement, whereas the symmetric Nash solution reflects the Kyoto Protocol. In a large set of economies, the Kyoto...

Persistent link: https://www.econbiz.de/10013341779

The river pollution claims problem

Yang, Yuzhi; Ansink, Erik - 2022

We propose the river pollution claims problem to distribute a limited pollution budget among agents located along a river. A key distinction with the standard claims problem is that agents are ordered and they are given priority based on their location in this order instead of their identity. We...

Persistent link: https://www.econbiz.de/10013359033

Allocating emissions among co-products : implications for procurement and climate policy

Sunar, Nur; Plambeck, Erica L. - In: Manufacturing & service operations management : M & SOM 18 (2016) 3, pp. 414-428

Persistent link: https://www.econbiz.de/10011516556

The Allocation of European Union Allowances: Lessons, Unifying Themes and General Principles

Buchner, Barbara K.; Carraro, Carlo; Ellerman, A. Denny - 2006

This paper is the concluding chapter of Rights, Rents and Fairness: Allocation in the European Emissions Trading Scheme … lessons and general principles to be learnt from the allocation of allowances in the European Union Emission Trading Scheme … allocation process and on what are the global implications of the EU ETS. As has become obvious during the first allocation phase …

Persistent link: https://www.econbiz.de/10010312262

Distributional constraints and efficiency in a tradable permit market

Hagem, Cathrine; Westskog, Hege - 2006

. In this paper we suggest an allocation rule for permits which can handle this problem. If the permits are allocated twice … during the same period, and the allocation in the second round is dependent on the market price for permits, this allocation …

Persistent link: https://www.econbiz.de/10010284332