基于帕累托最优配置的碳排放许可证拍卖机制

发布时间：2019-03-03 10:04

【摘要】：兑现2020年碳减排目标的承诺为我国碳交易市场的建立提供了新的契机,同时使得"如何以最小化经济增长冲击降低二氧化碳排放量"成为一个焦点问题。本文针对"如何有效配置碳排放许可证"做一个前瞻性研究,把帕累托最优概念引入碳排放许可证拍卖—交易框架,设计一个新的碳排放许可证拍卖机制,其规则相对简单,仅有四步构成,易于被市场参与者理解和接受,而且在有限时间内此机制收敛于一个帕累托最优配置,从而实现了碳排放许可证资源的有效利用,在没有平局出现的约束下,最终的均衡配置是唯一的。此外,文中的拍卖机制不仅能最大化卖方的收益,而且买方还拥有占优竞标策略,这些优点决定了此机制在将来的商业应用中能被买卖双方所青睐。最后,用一个具体案例解释新机制的操作过程及其在实践中的可行性,为环境交易所提供一个备选的交易方案。
[Abstract]:The promise to meet the 2020 carbon emission reduction target provides a new opportunity for the establishment of China's carbon trading market, and makes "how to minimize the impact of economic growth to reduce carbon dioxide emissions" as a focus issue. In this paper, we do a forward-looking study on how to allocate carbon license effectively, introduce the concept of Pareto optimal into the auction-trading framework of carbon emission license, and design a new mechanism of carbon emission license auction, the rules of which are relatively simple. With only four steps, it is easily understood and accepted by market participants, and this mechanism converges to a Pareto optimal allocation within a limited period of time, thus realizing the efficient utilization of carbon emission license resources, without the constraints of a tie. The final balanced configuration is unique. In addition, the auction mechanism in this paper can not only maximize the profit of the seller, but also possess the dominant bidding strategy, which determines that the mechanism can be favored by both buyers and sellers in future commercial applications. Finally, a concrete case is used to explain the operation process of the new mechanism and its feasibility in practice, which provides an alternative trading scheme for the environmental exchange.
【作者单位】：首都经济贸易大学经济学院;对外经济贸易大学国际经济贸易学院;
【基金】：国家自然科学基金青年项目“基于碳交易的拍卖理论与应用研究”(批准号71001097) 北京市社科联青年社科人才资助项目“低碳约束下北京市外贸商品结构优化研究”(批准号2010SKL012) 博士后科学基金第四批特别资助项目“碳排放许可证拍卖机制与应用研究”(批准号201104167)
【分类号】：X196

【参考文献】