Price Discovery of Consignment Auctions for Emission Permits

A consignment auction aims to increase political feasibility by reducing the financial burden of initial permits allocation and to do the role of price discovery. However, previous analytical models presented contradictory results for the price discovery function of a consignment auction. Thus, this...

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Détails bibliographiques
Auteurs principaux: Jae-Do Song, Young-Hwan Ahn
Format: article
Langue:EN
Publié: MDPI AG 2021
Sujets:
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Accès en ligne:https://doaj.org/article/240782a5e88b4fe5b76172c10b8e7418
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