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