@misc{Radziszewska_Weronika_Auction-Based_2011,
 author={Radziszewska, Weronika},
 copyright={Creative Commons Attribution BY 4.0 license},
 address={Warszawa},
 journal={Raport Badawczy = Research Report},
 howpublished={online},
 year={2011},
 publisher={Instytut Badań Systemowych. Polska Akademia Nauk},
 publisher={Systems Research Institute. Polish Academy of Sciences},
 language={eng},
 abstract={This paper presents an auction-based dynamic trading scheme for CO2 emission permits market is presented, it doesn’t require to publish abatement costs and reaches the optimal distribution of traded permits among parties taking part in it. It is modelled using multi-agent approach, where each participant is represented as an autonomous agent aiming at fulfilling its egoistic goal. The trading session consist of the sequence of English auctions where small amounts of permits is sold at a time. Presented schema allows participants to pay directly after the end of each auction so the price per permit is dynamically adjusted to the actual costs of the parties and there are less incentives to leave the trading prematurely. This paper presents an auction-based dynamic trading scheme for CO2 emission permits market is presented, it doesn’t require to publish abatement costs and reaches the optimal distribution of traded permits among parties taking part in it. It is modelled using multi-agent approach, where each participant is represented as an autonomous agent aiming at fulfilling its egoistic goal. The trading session consist of the sequence of English auctions where small amounts of permits is sold at a time. Presented schema allows participants to pay directly after the end of each auction so the price per permit is dynamically adjusted to the actual costs of the parties and there are less incentives to leave the trading prematurely.},
 type={Text},
 title={Auction-Based Market for GHG Permits},
 URL={http://www.rcin.org.pl/Content/101709/PDF/RB-2011-16.pdf},
 keywords={Handel emisjami, Greenhouse gases emission, Emisja gazów cieplarnianych, Kyoto protocol, Emissions trading, Auction-based market for ghg permits, Rynek aukcyjny pozwoleń na ghg, Protokół z kioto},
}