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Recherches Économiques de Louvain/ Louvain Economic Review (1)

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Exclusion par manipulation des marchés de permis d'émission
Sonia Schwartz, C.A.E. Université Paul Cézanne
Journal:

Recherches Économiques de Louvain/ Louvain Economic Review / Volume 73 / Issue 1 / 2007

Published online by Cambridge University Press:

17 August 2016, pp. 95-119

Print publication:

2007
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Cet article traite de l'exclusion par manipulation des marchés de permis d'émission. Dans un premier temps, nous déterminons la valeur de l'exclusion que le permis représente. Puis, nous définissons la stratégie de surachat des permis et évaluons son impact sur le prix du permis. Nous en tirons alors un certain nombre de conclusions en termes de dotations initiales et de politique économique, après avoir illustré ces résultats par une application numérique.