Gateway to Think Tanks
来源类型 | FEEM working papers "Note di lavoro" series |
规范类型 | 论文 |
ETS and Technological Innovation: A Random Matching Model | |
Angelo Antoci; Simone Borghesi; Mauro Sodini | |
发表日期 | 2012 |
出处 | Climate Change and Sustainable Development |
出版年 | 2012 |
语种 | 英语 |
摘要 | The present paper investigates the functioning of an Emission Trading System (ETS) and its impact on the diffusion of environmental-friendly technological innovation in the presence of firms’ strategic behaviours and sanctions to non-compliant firms. For this purpose, we study an evolutionary game model with random matching, namely, a context in which a population of firms interact through pairwise random matchings. We assume that each firm has to decide whether to adopt a new clean technology or keep on using the old technology that requires pollution permits to operate and that the strategy whose expected payoff is greater than the average payoff spreads within the population at the expense of the alternative strategy (the so-called replicator dynamics). We investigate the technological dynamics and the stationary states that emerge from the model. From the analysis of the model, we show that by properly modifying the penalty on non-compliant firms, it is possible to shift from one dynamic regime to another and that an increase in permits trade can promote the diffusion of innovative pollution-free technologies. |
特色分类 | C62;C63;C73;C78;O33;Q55;Q58 |
关键词 | Emissions Trading Technological Innovation Random Matching Evolutionary Game Penalty System Strategic Behaviour |
URL | https://www.feem.it/en/publications/feem-working-papers-note-di-lavoro-series/ets-and-technological-innovation-a-random-matching-model/ |
来源智库 | Fondazione Eni Enrico Mattei (Italy) |
资源类型 | 智库出版物 |
条目标识符 | http://119.78.100.153/handle/2XGU8XDN/118018 |
推荐引用方式 GB/T 7714 | Angelo Antoci,Simone Borghesi,Mauro Sodini. ETS and Technological Innovation: A Random Matching Model. 2012. |
条目包含的文件 | ||||||
文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
20121030933441Nota_d(71KB) | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 | ||
20121030933564NDL201(1505KB) | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 |
除非特别说明,本系统中所有内容都受版权保护,并保留所有权利。