economic cost. In reality market participants are faced with considerable uncertainty due to price changes and require price … long-term hedging positions are active in the market. In a simulation study we test the suitability of the HAR model for …

-based interactive simulation model in order to specify and evaluate alternative settings of the EU emissions trading system …

interactive simulation model where users can specify the design of National Allocation Plans for each EU Member State and then …

This simulation presents students the opportunity to experience firsthand the economics of carbon markets and permit … pollution-reducing investments and production levels in the face of uncertainty about pollution permit prices. Students form … Objective: The exercise introduces students to the economics and mechanics of carbon trading, as well as decisions in the design …

This simulation presents students the opportunity to experience firsthand the economics of carbon markets and permit … pollution-reducing investments and production levels in the face of uncertainty about pollution permit prices. Students form … Objective: The exercise introduces students to the economics and mechanics of carbon trading, as well as decisions in the design …