Title:

Pricing of Uncertain Certified Emission Reductions in a China Coal Mine Methane Project with the Rubinstein-Ståhl Model

Subtitle:

Raport Badawczy = Research Report ; RB/21/2011

Creator:

Horabik-Pyzel, Joanna ; Nahorski, Zbigniew (1945– ) ; Xu, Xiangyang

Publisher:

Instytut Badań Systemowych. Polska Akademia Nauk ; Systems Research Institute. Polish Academy of Sciences

Place of publishing:

Warszawa

Date issued/created:

2011

Description:

20 pages ; 21 cm ; Bibliography p. 19-20

Subject and Keywords:

Niepewność ; Uncertainty ; Simulation ; Symulacja ; Rubinstein-stahl game ; Gra rubinsteina-stahla ; Mechanizm czystego rozwoju ; Certyfikowane redukcje emisji ; Clean development mechanism (cdm) ; Coal mine methane (cmm) project ; Certified emission reductions (cers) ; Bargaining theory ; Metan w kopalni węgla - projekt ; Teoria rokowań

Abstract:

This study investigates the impact of uncertainty of the Certified Emission Reductions (CERs) on CER’s price in coal mine methane CDM projects. It is assumed that the buyer’s willingness to accomplish price negotiations depends on CER’s uncertainty. In the paper, models that introduce the uncertainty spread into the Rubinstein-Stahl bargaining game, are proposed. The simulation results of their application to the CDM project in Huainan coal district in China are presented.

Relation:

Raport Badawczy = Research Report

Resource type:

Text

Detailed Resource Type:

Report

Source:

RB-2011-21

Language:

eng

Language of abstract:

eng

Rights:

Creative Commons Attribution BY 4.0 license

Terms of use:

Copyright-protected material. [CC BY 4.0] May be used within the scope specified in Creative Commons Attribution BY 4.0 license, full text available at: ; -

Digitizing institution:

Systems Research Institute of the Polish Academy of Sciences

Original in:

Library of Systems Research Institute PAS

Projects co-financed by:

Operational Program Digital Poland, 2014-2020, Measure 2.3: Digital accessibility and usefulness of public sector information; funds from the European Regional Development Fund and national co-financing from the state budget.

Access:

Open