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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Bibliographic Details
Main Authors: Jae-Do Song, Young-Hwan Ahn
Format: Article
Language:English
Published: MDPI AG 2021-10-01
Series:Energies
Subjects:
Online Access:https://www.mdpi.com/1996-1073/14/21/6985