On Research of Emission Permits Market Power and Pollution control Cost Efficiency Based on Transaction Cost
In this paper, we analyzed the market power in emission permits trading market, firm equilibrium under the condition of transaction cost and the relation between the initial permits allocation and pollution control cost efficiency of market power firm .The research shows: When the initial emission permits of market power firm is not equal to its pollutant emission quantity, the pollution control cost of firm will exceed cost optimal solution; whether the initial emission permits of market power firm has a correlation with the low efficiency of pollution control cost, and it can lead the low efficiency of pollution control cost increase.
Emission permits trading transaction cost Market power Pollution control cost
Shoude Li Mengdi Gu Donghong Zhang
Management School of Shanghai Jiaotong University, Shanghai,P.R.China, 200052
国际会议
2007 Conference on Systems Science, Management Science and System Dynamics(第二届系统科学、管理科学与系统动力学国际会议)
上海
英文
1183-1188
2007-10-19(万方平台首次上网日期,不代表论文的发表时间)