Article ID Journal Published Year Pages File Type
5050613 Ecological Economics 2011 10 Pages PDF
Abstract
► This experiment evaluates implications of linking emissions trading across regions. ► Efficiency and price discovery both improve through inter-market intermediation. ► Further performance gains are realized from direct inter-firm trading across markets. ► Buyers in high cost and sellers in low cost regions benefit most from linking.
Keywords
Related Topics
Life Sciences Agricultural and Biological Sciences Ecology, Evolution, Behavior and Systematics
Preview
Price discovery and intermediation in linked emissions trading markets: A laboratory study
Authors
, ,