Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
10370818 | Environmental Modelling & Software | 2011 | 10 Pages |
Abstract
⺠We established an agent-based model of emission trading market. ⺠We examine the impact of transaction costs on the performance of Jiangsu SO2 emission trading market. ⺠Increasing transaction costs have a negligible effect on the market price. ⺠Increasing transaction costs can block a small amount of trading as well as decrease total emission trading amount and market efficiency.
Related Topics
Physical Sciences and Engineering
Computer Science
Software
Authors
Bing Zhang, Yongliang Zhang, Jun Bi,