| Author: | Büeler, B. |
| Title: | Solving an equilibrium model for trade of CO2 emission permits |
| Journal: | European Journal of Operational Research
1997 : OCT, VOL. 102:2, p. 393-403 |
| Index terms: | ECONOMICS EQUILIBRIUM ANALYSIS MODELS IMPORTS PROBLEM SOLVING POLLUTION |
| Language: | eng |
| Abstract: | This article investigates the trade of CO2 emission permits in the framework of a competitive economic equilibrium by integrating already existing regional energy-economy models into a single multi-regional trade model. Two solution concepts are discussed, based on two possible integration schemes. The first is based on pseudo-monotonicity of the excess map whereas the second is a fixed point approach due to Negishi. The overall optimization problem is decomposed in the latter case. For both algorithms the regional subproblems were distributed on different computers and solved in parallel. |
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