An experimental analysis of grandfathering vs dynamic auctioning in the EU ETS

This study constitutes a first attempt to experimentally test the performance of a 100% auction versus a 100% free allocation of CO2 permits under the rules and parameters that mimic the EU ETS (imperfect competition, uncertainty in emissions’ control, and allowing banking). It also incorporates a f...

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Bibliographic Details
Main Author: Botelho, Anabela (author)
Other Authors: Fernandes, M. Eduarda (author), Pinto, Lígia (author)
Format: workingPaper
Language:eng
Published: 2010
Subjects:
Online Access:http://hdl.handle.net/1822/11233
Country:Portugal
Oai:oai:repositorium.sdum.uminho.pt:1822/11233