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Dynamic Model of Common-pool Emission Permit Market as a Method for Solving the Persistent Pollutant Problem

Bibliographic Data

ID10713896
AuthorsAnetta Čaplánová (0000-0003-3767-7042), Rudolf Sivák (0000-0003-0779-6286), Keith Willett (0000-0001-8615-725X)
Year2021
Volume69
Issue3
Pages273-297
Publication date2021-06-28
Open AccessYes
TypeARTICLE
VenuePolitická ekonomie (JOURNAL)
Journal identifiersISSN: 0032-3233 • E-ISSN: 2336-8225
PublisherPrague University of Economics and Business (PUBLISHER • CZ)
DOI10.18267/j.polek.1317
OpenAlexW3173684631
LanguageEN
Citations received1
References cited22

Dynamic Model of Common-pool Emission Permit Market as a Method for Solving the Persistent Pollutant Problem In the paper, we develop a common-pool permit market formulated as a dynamic gross pool for trading emission discharge permits (EDPs) for persistent pollutants. We discuss individual agents' demand decisions concerning EDPs and develop a common-pool market dynamic gross pool formulation, including a general set of marginal-cost pricing rules used in this type of permit trading market. Numerical simulations are used to illustrate the usefulness of this type of permit market design for addressing environmental problems

Econometrics · Economics · Marginal cost · Microeconomics · Pollutant · Set (abstract data type) · Chemistry · Climate Change Policy and Economics · Computer Science · Economic and Environmental Valuation · Transportation Planning and Optimization

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Citations per year0.25
Citation span2022 - 2022 (1)
Highly citedNo

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