Carbon emission trading is one of the broadly adopted methods to curb the amount of carbon emission. This paper examines the optimal decisions of retailers under cap-and-trade. We derive the optimal order lot size and retail price under cap-and-trade when the demand is an additive function or...

The emergence and growing popularity of Bitcoins have attracted the attention of the financial world. However, few empirical studies have considered the inclusion of the newly emerged commodity asset in the global commodity market. It is of great importance for investors and policymakers to take...