TY  - JOUR
AU  - Álvarez González, Francisco
AU  - André García, Francisco Javier
PY  - 2015
DO  - 10.1007/s10640-014-9839-z
SN  - 0924-6460
UR  - https://hdl.handle.net/20.500.14352/35258
T2  - Environmental and Resource Economics
AB  - We compare auctioning and grandfathering as allocation mechanisms of emission permits when there is a secondary market with market power and firms have private information on their own abatement technologies. Based on real-life cases such as the EU...
LA  - eng
M2  - 873
KW  - Cap-and-trade systems
KW  - Auctions
KW  - Grandfathering
KW  - Market power
KW  - Incomplete information.
TI  - Auctioning versus grandfathering in cap-and-tradesystems with market power and incomplete information
TY  - journal article
VL  - 62
ER  -