Hedging and the Temporal Permit Issuance in Cap-and-Trade Programs: The Market Stability Reserve Under Risk Aversion

Author:

Tietjen Oliver,Lessmann Kai,Pahle Michael

Publisher

Elsevier BV

Reference66 articles.

1. Limits to arbitrage and hedging: Evidence from commodity markets;V V Acharya;Journal of Financial Economics,2013

2. Hedging and Joint Production: Theory and Illustrations;R W Anderson;The Journal of Finance,1979

3. Cross Hedging;R W Anderson;Journal of Political Economy,1981

4. Price volatility and risk exposure: on market-based environmental policy instruments;F M Baldursson;Journal of Environmental Economics and Management,2004

5. Price Volatility and Risk Exposure: On the Interaction of Quota and Product Markets;F M Baldursson;Environmental and Resource Economics,2012

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