Since 2005, the EU ETS has provided a market-based price signal for European carbon emissions, accompanied by … examining allowance price formation. A consensus has emerged that allowance prices are significantly related to fuel prices and … abatement are better at explaining allowance price variation during certain periods. Yet, our understanding of the level of the …

Reverse auctions are considered a fast and inexpensive price discovery tool to award procurement contracts and it is … assigning positive shares to the two most competitive bids and uses discarded bids to endogeneize the reserve price. In …