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Exclusion par manipulation des marchés de permis d'émission

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  • Sonia Schwartz

Abstract

This article examines the exclusionary manipulation effects of a pollution permit market. The exclusion value of a pollution permit and the overbuying strategy are determined. Then, the consequences of the exclusionary manipulation on the permit price are given. We give some economic policy advises as far as initial allocations are concerned.

Suggested Citation

  • Sonia Schwartz, 2007. "Exclusion par manipulation des marchés de permis d'émission," Recherches économiques de Louvain, De Boeck Université, vol. 73(1), pages 95-119.
    • Handle: RePEc:cai:reldbu:rel_731_0095
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    Cited by:

    1. Sonia Schwartz & Hubert Stahn, 2014. "Competitive Permit Markets and Vertical Structures: The Relevance of Imperfectly Competitive Eco-Industries," Journal of Public Economic Theory, Association for Public Economic Theory, vol. 16(1), pages 69-95, February.
    2. Julien Bueb & Sonia Schwartz, 2011. "Strategic manipulation of a pollution permit market and international trade," Journal of Regulatory Economics, Springer, vol. 39(3), pages 313-331, June.
    3. Bueb, Julien & Schwartz, Sonia, 2009. "Permis d’émission négociables et commerce international dans des marchés de concurrence imparfaite," L'Actualité Economique, Société Canadienne de Science Economique, vol. 85(3), pages 303-318, septembre.

    More about this item

    JEL classification:

    • Q28 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Renewable Resources and Conservation - - - Government Policy
    • D43 - Microeconomics - - Market Structure, Pricing, and Design - - - Oligopoly and Other Forms of Market Imperfection
    • L42 - Industrial Organization - - Antitrust Issues and Policies - - - Vertical Restraints; Resale Price Maintenance; Quantity Discounts

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