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The Influence of Banking and Borrowing under Different Penalty Regimes in Tradable Green Certificate Markets – Results from an Experimental Economics Laboratory Experiment

Author

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  • G.J. Schaeffer

    (Netherlands Energy Research Foundation ECN, Unit Policy Studies, Badhuisweg 3, Overhoekstoren 1031 CM, Amsterdam, The Netherlands)

  • Joep Sonnemans

    (Center for Research in Experimental Economics and Political Decision-Making (CREED) Faculty of Economics, University of Amsterdam, Roetersstraat 11, 1018 WB, Amsterdam, The Netherlands)

Abstract

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Suggested Citation

  • G.J. Schaeffer & Joep Sonnemans, 2000. "The Influence of Banking and Borrowing under Different Penalty Regimes in Tradable Green Certificate Markets – Results from an Experimental Economics Laboratory Experiment," Energy & Environment, , vol. 11(4), pages 407-422, July.
    • Handle: RePEc:sae:engenv:v:11:y:2000:i:4:p:407-422
    DOI: 10.1260/0958305001500211
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    Cited by:

    1. Restiani, Phillia & Betz, Regina, 2010. "The Effects of Penalty Design on Market Performance: Experimental Evidence from an Emissions Trading Scheme with Auctioned Permits," Research Reports 107586, Australian National University, Environmental Economics Research Hub.
    2. Ford, Andrew & Vogstad, Klaus & Flynn, Hilary, 2007. "Simulating price patterns for tradable green certificates to promote electricity generation from wind," Energy Policy, Elsevier, vol. 35(1), pages 91-111, January.
    3. Dyner, Isaac & Larsen, Erik & Franco, Carlos Jaime, 2009. "Games for electricity traders: Understanding risk in a deregulated industry," Energy Policy, Elsevier, vol. 37(2), pages 465-471, February.

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