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Exclusion par manipulation des marchés de permis d’émission

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  • Sonia SCHWARTZ

    (C.A.E. Université Paul Cézanne)

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    Abstract

    Cet article traite de l'exclusion par manipulation des marchés de permis d'émission. Dans un premier temps, nous déterminons la valeur de l'exclusion que le permis représente. Puis, nous définissons la stratégie de sur-achat des permis et évaluons son impact sur le prix du permis. Nous en tirons alors un certain nombre de conclusions en termes de dotations initiales et de politique économique, après avoir illustré ces résultats par une application numérique.

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    File URL: http://sites.uclouvain.be/econ/DP/REL/2007014.pdf
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    Bibliographic Info

    Paper provided by Université catholique de Louvain, Institut de Recherches Economiques et Sociales (IRES) in its series Discussion Papers (REL - Recherches Economiques de Louvain) with number 2007014.

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    Length: 26
    Date of creation: 01 Mar 2007
    Date of revision:
    Handle: RePEc:ctl:louvre:2007014

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    Related research

    Keywords: Permis d’émission; prédation; dotation initiale;

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