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Article
Matching Traders in Pollution Trading Markets with Heterogeneous Trading Ratios
Economics Research Institute Study Paper
  • Yuya Sasaki, Utah State University
  • Arthur J. Caplan, Utah State University
Document Type
Article
Publisher
Utah State University Department of Economics
Publication Date
1-1-2006
Rights
Copyright for this work is held by the author. Transmission or reproduction of materials protected by copyright beyond that allowed by fair use requires the written permission of the copyright owners. Works not in the public domain cannot be commercially exploited without permission of the copyright owner. Responsibility for any use rests exclusively with the user. For more information contact the Institutional Repository Librarian at digitalcommons@usu.edu.
Abstract

Two heuristic algorithms are developed to handle combinatorial and discrete complications persistent in pollution trading markets. The algorithms specifically account for heterogeneous trading ratios innate in environmental problems resulting from the differential solubility and receptor-sensitivity of pollutants. The cost efficiencies of the algorithms are demonstrated both through simple examples and by formal reasoning.

Citation Information
Yuya Sasaki and Arthur J. Caplan. "Matching Traders in Pollution Trading Markets with Heterogeneous Trading Ratios" Economics Research Institute Study Paper Vol. 12 (2006) p. 1 - 36
Available at: http://works.bepress.com/arthur_caplan/107/