Publications
Change search
CiteExportLink to record
Permanent link

Direct link
Cite
Citation style
  • apa
  • harvard1
  • ieee
  • modern-language-association-8th-edition
  • vancouver
  • Other style
More styles
Language
  • de-DE
  • en-GB
  • en-US
  • fi-FI
  • nn-NO
  • nn-NB
  • sv-SE
  • Other locale
More languages
Output format
  • html
  • text
  • asciidoc
  • rtf
The choice of multiple or single auctions in emissions trading
Stockholm University, Department of Economics.
2005 (English)In: Climate Policy, ISSN 1469-3062, E-ISSN 1752-7457, Vol. 5, no 1, p. 97-107Article in journal (Refereed) Published
Abstract [en]

Whether CO2 permit auctions should be held on one, several or many occasions per commitment period has not been discussed at any length in the literature. When at all observed, auction frequency has often been set at once per month or quarter. Here, it is argued that for reasons of efficiency, it is generally best to have just one single auction per commitment period. The arguments given relate to the role played by such factors as emission trading design, auction design, market power, transaction costs and, in particular, ‘the winner's curse’.

Place, publisher, year, edition, pages
2005. Vol. 5, no 1, p. 97-107
Keyword [en]
Emission, Trade
National Category
Economics
Research subject
Road: General works, surveys, comprehensive works, Road: Economics; Road: Transport, society, policy and planning, Road: Environment
Identifiers
URN: urn:nbn:se:vti:diva-358DOI: 10.1080/14693062.2005.9685543OAI: oai:DiVA.org:vti-358DiVA: diva2:667021
Available from: 2013-11-25 Created: 2013-11-25 Last updated: 2017-12-06Bibliographically approved

Open Access in DiVA

No full text in DiVA

Other links

Publisher's full text

Authority records BETA

Mandell, Svante

Search in DiVA

By author/editor
Mandell, Svante
In the same journal
Climate Policy
Economics

Search outside of DiVA

GoogleGoogle Scholar

doi
urn-nbn

Altmetric score

doi
urn-nbn
Total: 11 hits
CiteExportLink to record
Permanent link

Direct link
Cite
Citation style
  • apa
  • harvard1
  • ieee
  • modern-language-association-8th-edition
  • vancouver
  • Other style
More styles
Language
  • de-DE
  • en-GB
  • en-US
  • fi-FI
  • nn-NO
  • nn-NB
  • sv-SE
  • Other locale
More languages
Output format
  • html
  • text
  • asciidoc
  • rtf