The peculiarity of permit auction design(ers)

Event Date: 16 March 2016

Speaker: Ian McKenzie, University of Queensland

Time: 4.15pm

Location: Strathclyde Business School, Cathedral Wing, CW404b

Cap-and-trade markets are now a common regulatory instrument to control pollution. Recently there has been adoption of additional regulatory instruments to control for price volatility (use of a cost containment reserve within auctions) and to improve price discovery (use of a consignment auction). We critically analyse these permit auction designs.

Published: 8 March 2016