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Effects of herding behavior of tradable green certificate market players on market efficiency: insights from heterogeneous agent model

Tradable green certificate (TGC) scheme promotes the development of renewable energy industry which currently has a dual effect on economy and environment. TGC market efficiency is reflected in stimulating renewable energy investment, but may be reduced by the herding behavior of market players. Thi...

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Detalles Bibliográficos
Autores principales: Zuo, Yi, Zhao, Xingang
Formato: Online Artículo Texto
Lenguaje:English
Publicado: Higher Education Press 2021
Materias:
Acceso en línea:https://www.ncbi.nlm.nih.gov/pmc/articles/PMC8267222/
http://dx.doi.org/10.1007/s11708-021-0752-1