Some Results of Mathematical Modeling of the International Market for Emissions Permits
Authors: Maksimov VI, Rozenberg VL, Kadiyev AM
Publication Year: 2008
Reference: IIASA Interim Report IR-08-047
Abstract
The emphasis is on results of a numerical analysis performed for a simplified dynamical model of the international market for greenhouse gases emissions permits, which is one of the Kyoto flexible mechanisms. For the model, an optimal control problem is formulated, and a procedure for constructing optimal strategies of Russias behavior is suggested. A possibility of obtaining algorithms input data from different integrated assessment models is discussed.