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dc.contributor.supervisor Yalamova, Rossitsa
dc.contributor.author Aiyegbusi, Olufemi
dc.date.accessioned 2014-06-03T16:54:00Z
dc.date.available 2014-06-03T16:54:00Z
dc.date.issued 2012
dc.identifier.uri https://hdl.handle.net/10133/3434
dc.description vii, 155 leaves ; 29 cm en_US
dc.description.abstract Our study examines some design alternatives for a carbon market by exploring the fledgling Alberta carbon market. We attempt to evaluate the performance of these designs on the bases of trade volume, cost efficiency and stability. To achieve this we construct an empirically-calibrated but simple agent-based model, certain aspects of which we selectively modify to incorporate various design options. We make comparisons among these options based on data simulated from the ensuing family of models. We find strong evidence that in general, market design features such as source-of-credits, the scale of the market, and pricing-mechanism are very important considerations that influence the performance of the market. In addition, we find support for the notion that the level of the price cap relative to the average cost of abatement in the market matters, and beyond a threshold, higher price caps are associated with lower levels of performance. en_US
dc.language.iso en_CA en_US
dc.publisher Lethbridge, Alta. : University of Lethbridge, Faculty of Management, c2012 en_US
dc.relation.ispartofseries Thesis (University of Lethbridge. Faculty of Management) en_US
dc.subject Carbon offsetting -- Economic aspects -- Alberta en_US
dc.subject Emissions trading -- Research -- Alberta en_US
dc.subject Multiagent systems -- Mathematical models en_US
dc.title The Alberta carbon market : an exploration of alternative policy options through agent-based modeling en_US
dc.type Thesis en_US
dc.publisher.faculty Management en_US
dc.degree.level Masters en_US
dc.proquestyes No en_US


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