An adaptive agent-based modeling approach for analyzing the influence of transaction costs on emissions trading markets
An adaptive agent-based modeling approach for analyzing the influence of transaction costs on emissions trading markets
复制标题
一种基于自适应代理的建模方法,用于分析交易成本对排放交易市场的影响
DOI:
10.1016/j.envsoft.2010.10.011
复制
发表时间:
2011-04
影响因子:
4.9
通讯作者:
Bi, Jun
中科院分区:
文献类型:
--
作者:
Zhang, Bing;Zhang, Yongliang;Bi, Jun
Transaction costs are considered an essential factor that can adversely affect the performance of emissions trading markets. However, most studies are based on a static analyzing framework, making it difficult to simulate real economic situations, in which the dynamic behavior and interaction between firms in an emission trading system are fairly complicated and appear irrational to some extent. Based on an agent-based modeling approach, an artificial sulfur dioxide (SO2) emission trading market is developed to identify the dynamic influence of transaction costs on market efficiency. The simulation results based on empirical data from Jiangsu Province in China reveal that transaction costs have a negligible effect on the market price. However, transaction costs can block a small amount of trading as well as decrease total emission trading amount and market efficiency. Therefore, the policy design of emission trading in China should treat transaction costs carefully.
登录
查看更多内容
DOI:
10.1109/wsc.2001.977335
发表时间:
2001-12
期刊:
Proceeding of the 2001 Winter Simulation Conference (Cat. No.01CH37304)
影响因子:
--
作者:
H. Mizuta;Y. Yamagata
通讯作者:
H. Mizuta;Y. Yamagata
影响因子:
2.2
作者:
H. Bressers;D. Huitema
通讯作者:
H. Bressers;D. Huitema
DOI:
10.1109/wsc.2002.1166355
发表时间:
2002
期刊:
--
影响因子:
--
作者:
Chun-Hung Chen;J. Snowdon;J. M. Charnes;Manchester Grand
通讯作者:
Chun-Hung Chen;J. Snowdon;J. M. Charnes;Manchester Grand
DOI:
10.2139/ssrn.123789
发表时间:
1998-01
期刊:
Environmental Law & Policy eJournal
影响因子:
--
作者:
T. Heller
通讯作者:
T. Heller
DOI:
--
发表时间:
1997
期刊:
--
影响因子:
--
作者:
D. Cliff;J. Bruten
通讯作者:
D. Cliff;J. Bruten