Optimal dynamic regulation of carbon emissions market

DOI10.1111/MAFI.12364MaRDI QIDQ6054446zbMATH OpenFDO

Authors René Aïd, Sara Biagini

Publication date 28 September 2023

Published in Mathematical Finance (Search for Journal in Brave)

Full work available at URL https://doi.org/10.1111/MAFI.12364

zbMATH Keywords

cap and tradeenvironmental economicsFréchet differentiabilitylinear quadratic problemmarket equilibriumsocial cost minimizationstochastic optimization

Mathematics Subject Classification ID

Hierarchical games (including Stackelberg games) (91A65) Environmental economics (natural resource models, harvesting, pollution, etc.) (91B76) Optimal stochastic control (93E20)

Recommendations

• The endogenous price dynamics of emission allowances and an application to CO\(_2\) option pricing
• An optimal control model for reducing and trading of carbon emissions
• Market design for emission trading schemes
• Optimal stochastic control and carbon price formation
• The regulatory strategy in emissions trading system under costly enforcement

Cites work

• A General Stochastic Maximum Principle for Optimal Control Problems
• A model of intertemporal emission trading, banking, and borrowing
• Cap-and-trade properties under different hybrid scheme designs
• Continuous Auctions and Insider Trading
• Feedback Stackelberg solutions of infinite-horizon stochastic differential games
• scientific article; zbMATH DE number 1869272 (Why is no real title available?)
• Market design for emission trading schemes
• Optimal stochastic control and carbon price formation
• Pollution control in a Cournot duopoly via taxes or permits
• Risk Aversion in Modeling of Cap-and-Trade Mechanism and Optimal Design of Emission Markets
• Risk-neutral models for emission allowance prices and option values
• Singular forward-backward stochastic differential equations and emissions derivatives
• The economics of pollution permit banking in the context of Title IV of the 1990 Clean Air Act Amendments

Cited in

(17)

• An optimal control model for reducing and trading of carbon emissions
• The regulatory strategy in emissions trading system under costly enforcement
• A perspective of evolution for carbon emissions trading market: the dilemma between market scale and government regulation
• Risk-averse equilibrium modeling and social optimality of cap-and-trade mechanisms
• PRICING AND HEDGING IN CARBON EMISSIONS MARKETS
• Optimal regulatory control of early contract termination
• Pollution Regulation for Electricity Generators in a Transmission Network
• Optimal carbon reduction level and ordering quantity under financial constraints
• Price bubbles in Beijing carbon market and environmental policy announcement
• Carbon markets and technological innovation
• Representation of random variables as Lebesgue integrals
• Optimal emission regulation under market uncertainty
• Carbon neutrality and net-zero regulation
• Emission impossible: balancing environmental concerns and energy prices
• A model of strategic sustainable investment
• Random carbon tax policy and investment into emission abatement technologies
• Regulation in a mean-field investment game with climate damage

This page was built for publication: Optimal dynamic regulation of carbon emissions market

Report a bug (only for logged in users!)Click here to report a bug for this page (MaRDI item Q6054446)