Politická ekonomie 2021, 69(3):273-297 | DOI: 10.18267/j.polek.1317

Dynamický model spoločného trhu s emisnými povoleniami ako spôsob riešenia problému znečisťovania perzistentnými látkami

Anetta Čaplánová ORCID...a, Rudolf Siváka, Keith Willett ORCID...b
a Ekonomická univerzita v Bratislave, Národohospodárska fakulta, Bratislava, Slovensko
b Oklahoma State University, Spears School of Business, Stillwater, USA

Dynamic Model of Common-pool Emission Permit Market as a Method for Solving the Persistent Pollutant Problem

Dynamic Model of Common-pool Emission Permit Market as a Method for Solving the Persistent Pollutant Problem In the paper, we develop a common-pool permit market formulated as a dynamic gross pool for trading emission discharge permits (EDPs) for persistent pollutants. We discuss individual agents' demand decisions concerning EDPs and develop a common-pool market dynamic gross pool formulation, including a general set of marginal-cost pricing rules used in this type of permit trading market. Numerical simulations are used to illustrate the usefulness of this type of permit market design for addressing environmental problems.

Keywords: environmental pollution policies; air pollution; emission permit trading; dynamic permit trading models; common-pool permit markets
JEL classification: C61, Q53

Received: April 23, 2020; Revised: March 28, 2021; Accepted: April 27, 2021; Published: June 28, 2021  Show citation

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Čaplánová, A., Sivák, R., & Willett, K. (2021). Dynamic Model of Common-pool Emission Permit Market as a Method for Solving the Persistent Pollutant Problem. Politická ekonomie, 69(3), 273-297. doi: 10.18267/j.polek.1317
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