A two-level computable equilibrium model to assess the strategic allocation of emission allowances within the European union

@article{Viguier2006ATC,
  title={A two-level computable equilibrium model to assess the strategic allocation of emission allowances within the European union},
  author={Laurent Viguier and Marc Vielle and Alain Haurie and Alain Bernard},
  journal={Computers & OR},
  year={2006},
  volume={33},
  pages={369-385}
}
This paper deals with the modeling of the strategic allocation of greenhouse gases emission allowances in the EU-wide trading market that results from Kyoto agreement implementation. An M -matrix game is formulated where the players are countries or groups of countries that may have a strategic influence through their allocation of emission allowances and the payoffs are the welfare gains of these countries, evaluated from a multi-country computable general equilibrium model. To solve the… CONTINUE READING
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