The Study on the Role of Auction Mechanism in Carbon Emissions Trading System
Carbon emission trading is one way of using market mechanism to promote the low carbon economy. The auction approach is an economic efficient way in carbon emission trading. This paper, based on a multi-agent carbon allowance auction model, aims to study in two scenarios the respective payoff of the government as the main body and the participating manufacturers in the auction, as well as the issue of fairness in order to examine the pros and cons of two auction mechanisms, and then shed light on Chinas carbon emissions trading system.
auction mechanism carbon emission trading system multi-agent carbon allowance auction model
Mei Liao Tianhao Wu
Economics and Management School Beijing University of Technology Beijing, China
国际会议
重庆
英文
940-943
2011-08-20（万方平台首次上网日期，不代表论文的发表时间）