Mostrando recursos 1 - 6 de 6

  1. An experimental analysis of grandfathering vs dynamic auctioning in the EU ETS

    Botelho, Anabela; Fernandes, Maria Eduarda; Pinto, Lígia
    This study constitutes a first attempt to experimentally test the performance of a 100% auction versus a 100% free allocation of CO2 permits under the rules and parameters that mimic the EU ETS (imperfect competition, uncertainty in emissions’ control, and allowing banking). It also incorporates a first attempt to include in the analysis measures of the risk preferences of subjects participating in emission permits experiments. Another distinctive feature of this study is the implementation of a theoretically appropriate auction format for the primary allocation of emission permits. Our experimental results indicate that the EU ETS has the potential to reduce CO2 emissions, achieving targets considerably more restrictive than...

  2. An experimental analysis of grandfathering vs dynamic auctioning in the EU ETS

    Botelho, Anabela; Fernandes, Maria Eduarda; Pinto, Lígia
    This study constitutes a first attempt to experimentally test the performance of a 100% auction versus a 100% free allocation of CO2 permits under the rules and parameters that mimic the EU ETS (imperfect competition, uncertainty in emissions’ control, and allowing banking). It also incorporates a first attempt to include in the analysis measures of the risk preferences of subjects participating in emission permits experiments. Another distinctive feature of this study is the implementation of a theoretically appropriate auction format for the primary allocation of emission permits. Our experimental results indicate that the EU ETS has the potential to reduce CO2 emissions, achieving targets considerably more restrictive than...

  3. More on the dynamic Vickrey mechanism for multi-unit auctions : an experimental study on the emission permits initial auction

    Botelho, Anabela; Pinto, Lígia; Fernandes, Maria Eduarda
    The purpose of this paper is to contribute to the multiple-units auction literature, by testing the performance of the dynamic Vickrey auction (the Ausubel model), in an experimental setting, representing the functioning of an emission permits market with an Ausubel auction for the initial allocation of permits. Other features of the experiment include the possibility of banking and the inclusion of uncertainty, and the parameters were set so as to replicate an environment similar to the EU-ETS market (...)

  4. More on the dynamic Vickrey mechanism for multi-unit auctions : an experimental study on the emission permits initial auction

    Botelho, Anabela; Pinto, Lígia; Fernandes, Maria Eduarda
    The purpose of this paper is to contribute to the multiple-units auction literature, by testing the performance of the dynamic Vickrey auction (the Ausubel model), in an experimental setting, representing the functioning of an emission permits market with an Ausubel auction for the initial allocation of permits. Other features of the experiment include the possibility of banking and the inclusion of uncertainty, and the parameters were set so as to replicate an environment similar to the EU-ETS market (...)

  5. Empresários portugueses no Luxemburgo : uma primeira aproximação

    Marques, José Carlos
    Este artigo constitui um estudo preliminar sobre os empresários portugueses no exterior, centrado no caso dos portugueses no Luxemburgo. Caracteriza-se, na primeira parte, a evolução da emigração portuguesa para aquele país e a sua inserção no mercado de trabalho. Na segunda parte, aprofunda-se o conhecimento sobre as atividades empreendedoras dos emigrantes portugueses e analisam-se diferentes fatores com impacto sobre a criação e o desenvolvimento de práticas empreendedoras entre os portugueses no estrangeiro.

  6. A emigração portuguesa e o sistema migratório lusófono : complexidade e dinâmicas de um país de migrações

    Góis, Pedro; Marques, José Carlos
    Qual o papel de Portugal no sistema migratório global? A partir de uma análise da emigração portuguesa do século XX e XXI e do papel da imigração para Portugal nos últimos 50 anos descreve-se a interseção entre sistemas migratórios de geometria variável. Procura demonstrar-se que Portugal é um exemplo de interseção entre sistemas migratórios: sistema migratório europeu; sistema migratório do atlântico central; sistema migratório América do Sul–Europa; sistema migratório Europa – América do Norte; sistema migratório da Europa de Leste; sistema migratório do oriente médio; sistema migratório Europa-China, etc.. Afirma-se que a pertença a estes sistemas gera pontos de intersecção...

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