Does Uncertainty Matter ? : A Stochastic Dynamic Analysis of Bankable Emission Permit Trading For Global Climate Change Policy / Zhang, Fan

Emission permit trading is a centerpiece of the Kyoto Protocol which allows participating nations to trade and bank greenhouse gas permits under the Framework Convention on Climate Change. When market conditions evolve stochastically, emission trading produces a dynamic problem, in which anticipatio...

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Main Authors:Zhang, Fan
Formato: Online-Resource
Idioma:English
Publicado em:Washington, D.C : The World Bank, 2007
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