Article ID Journal Published Year Pages File Type
10370818 Environmental Modelling & Software 2011 10 Pages PDF
Abstract
► We established an agent-based model of emission trading market. ► We examine the impact of transaction costs on the performance of Jiangsu SO2 emission trading market. ► Increasing transaction costs have a negligible effect on the market price. ► 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
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