{"id":"https://openalex.org/W2520170548","doi":"https://doi.org/10.1007/s10018-016-0171-4","title":"The Chicago Climate Exchange and market efficiency: an empirical analysis","display_name":"The Chicago Climate Exchange and market efficiency: an empirical analysis","publication_year":2016,"publication_date":"2016-09-15","ids":{"openalex":"https://openalex.org/W2520170548","doi":"https://doi.org/10.1007/s10018-016-0171-4","mag":"2520170548"},"language":"en","primary_location":{"id":"doi:10.1007/s10018-016-0171-4","doi":"https://doi.org/10.1007/s10018-016-0171-4","is_oa":false,"landing_page_url":"https://doi.org/10.1007/s10018-016-0171-4","pdf_url":null,"source":{"id":"https://openalex.org/S2764896919","display_name":"Environmental Economics and Policy Studies","issn_l":"1432-847X","issn":["1432-847X","1867-383X"],"is_oa":false,"is_in_doaj":false,"is_core":true,"listed_in":["abdc-b","anvur-scientific","cwts-core","jufo-1","norway-1","poland-70","russia-white-list-1","vabb-shw"],"host_organization":"https://openalex.org/P4310319900","host_organization_name":"Springer Science+Business Media","host_organization_lineage":["https://openalex.org/P4310319900","https://openalex.org/P4310319965"],"host_organization_lineage_names":["Springer Science+Business Media","Springer Nature"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Environmental Economics and Policy Studies","raw_type":"journal-article"},"volume":null,"type":"article","is_traditional":true,"indexed_in":["crossref"],"open_access":{"is_oa":true,"oa_status":"green","oa_url":"https://papers.ssrn.com/sol3/papers.cfm?abstract_id=2853640","any_repository_has_fulltext":true},"authorships":[{"author_position":"first","author":{"id":"https://openalex.org/A5041675367","display_name":"Omid Sabbaghi","orcid":"https://orcid.org/0000-0002-6361-8866","observed_orcids":["https://orcid.org/0000-0002-6361-8866"]},"institutions":[{"id":"https://openalex.org/I71792333","display_name":"University of Detroit Mercy","ror":"https://ror.org/0037qsh65","country_code":"US","type":"education","lineage":["https://openalex.org/I71792333"]}],"countries":["US"],"is_corresponding":true,"raw_author_name":"Omid Sabbaghi","raw_affiliation_strings":["College of Business Administration, University of Detroit Mercy, 4001 W. McNichols Road, Detroit, MI, 48221, USA"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"College of Business Administration, University of Detroit Mercy, 4001 W. McNichols Road, Detroit, MI, 48221, USA","institution_ids":["https://openalex.org/I71792333"]}]},{"author_position":"last","author":{"id":"https://openalex.org/A5059702196","display_name":"Navid Sabbaghi","orcid":null,"observed_orcids":[]},"institutions":[{"id":"https://openalex.org/I76766440","display_name":"University of San Francisco","ror":"https://ror.org/029m7xn54","country_code":"US","type":"education","lineage":["https://openalex.org/I76766440"]}],"countries":["US"],"is_corresponding":false,"raw_author_name":"Navid Sabbaghi","raw_affiliation_strings":["Department of Business Analytics and Information Systems, School of Management, University of San Francisco, 2130 Fulton Street, San Francisco, CA, 94117, USA"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Department of Business Analytics and Information Systems, School of Management, University of San Francisco, 2130 Fulton Street, San Francisco, CA, 94117, USA","institution_ids":["https://openalex.org/I76766440"]}]}],"institutions":[],"countries_distinct_count":1,"institutions_distinct_count":2,"corresponding_author_ids":["https://openalex.org/A5041675367"],"corresponding_institution_ids":["https://openalex.org/I71792333"],"apc_list":{"value":2490,"currency":"USD","value_usd":2490},"apc_paid":null,"fwci":3.5685,"has_fulltext":false,"cited_by_count":18,"citation_normalized_percentile":{"value":0.92744748,"is_in_top_1_percent":false,"is_in_top_10_percent":true},"cited_by_percentile_year":{"min":88,"max":98},"biblio":{"volume":"19","issue":"4","first_page":"711","last_page":"734"},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T10047","display_name":"Financial Markets and Investment Strategies","score":0.9932000041007996,"subfield":{"id":"https://openalex.org/subfields/2003","display_name":"Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},"topics":[{"id":"https://openalex.org/T10047","display_name":"Financial Markets and Investment Strategies","score":0.9932000041007996,"subfield":{"id":"https://openalex.org/subfields/2003","display_name":"Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T10471","display_name":"Climate Change Policy and Economics","score":0.0017000000225380063,"subfield":{"id":"https://openalex.org/subfields/2002","display_name":"Economics and Econometrics"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T11059","display_name":"Market Dynamics and Volatility","score":0.0013000000035390258,"subfield":{"id":"https://openalex.org/subfields/2002","display_name":"Economics and Econometrics"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}}],"keywords":[{"id":"https://openalex.org/keywords/chicago-climate-exchange","display_name":"Chicago Climate Exchange","score":1.0},{"id":"https://openalex.org/keywords/weak-form-market-efficiency","display_name":"weak-form market efficiency","score":0.7739999890327454},{"id":"https://openalex.org/keywords/informational-efficiency","display_name":"information efficiency","score":0.9070000052452087},{"id":"https://openalex.org/keywords/emissions-trading","display_name":"emissions trading","score":0.8740000128746033},{"id":"https://openalex.org/keywords/trading-volume","display_name":"trading volume","score":0.878000020980835},{"id":"https://openalex.org/keywords/government-regulation","display_name":"government regulation","score":0.7689999938011169},{"id":"https://openalex.org/keywords/carbon-pricing","display_name":"carbon pricing","score":0.5099999904632568}],"concepts":[{"id":"https://openalex.org/C162324750","wikidata":"https://www.wikidata.org/wiki/Q8134","display_name":"Economics","level":0,"score":0.6064711213111877},{"id":"https://openalex.org/C2777063073","wikidata":"https://www.wikidata.org/wiki/Q1553237","display_name":"Settlement (finance)","level":3,"score":0.5880846977233887},{"id":"https://openalex.org/C19244329","wikidata":"https://www.wikidata.org/wiki/Q208697","display_name":"Financial market","level":2,"score":0.5740309953689575},{"id":"https://openalex.org/C2985330422","wikidata":"https://www.wikidata.org/wiki/Q724931","display_name":"Market efficiency","level":2,"score":0.5681778788566589},{"id":"https://openalex.org/C2778137410","wikidata":"https://www.wikidata.org/wiki/Q2732820","display_name":"Government (linguistics)","level":2,"score":0.567001223564148},{"id":"https://openalex.org/C120936955","wikidata":"https://www.wikidata.org/wiki/Q2155640","display_name":"Empirical research","level":2,"score":0.49208635091781616},{"id":"https://openalex.org/C2993946284","wikidata":"https://www.wikidata.org/wiki/Q5037988","display_name":"Carbon market","level":3,"score":0.46500763297080994},{"id":"https://openalex.org/C44280652","wikidata":"https://www.wikidata.org/wiki/Q104837","display_name":"Phase (matter)","level":2,"score":0.4579097628593445},{"id":"https://openalex.org/C2987945947","wikidata":"https://www.wikidata.org/wiki/Q1774427","display_name":"Climate policy","level":3,"score":0.4437786340713501},{"id":"https://openalex.org/C2780980858","wikidata":"https://www.wikidata.org/wiki/Q110022","display_name":"Dual (grammatical number)","level":2,"score":0.44153520464897156},{"id":"https://openalex.org/C100405246","wikidata":"https://www.wikidata.org/wiki/Q8348417","display_name":"Emissions trading","level":3,"score":0.41988953948020935},{"id":"https://openalex.org/C132651083","wikidata":"https://www.wikidata.org/wiki/Q7942","display_name":"Climate change","level":2,"score":0.3913530111312866},{"id":"https://openalex.org/C100001284","wikidata":"https://www.wikidata.org/wiki/Q2248246","display_name":"Public economics","level":1,"score":0.36353060603141785},{"id":"https://openalex.org/C106159729","wikidata":"https://www.wikidata.org/wiki/Q2294553","display_name":"Financial economics","level":1,"score":0.35854780673980713},{"id":"https://openalex.org/C175444787","wikidata":"https://www.wikidata.org/wiki/Q39072","display_name":"Microeconomics","level":1,"score":0.34895360469818115},{"id":"https://openalex.org/C10138342","wikidata":"https://www.wikidata.org/wiki/Q43015","display_name":"Finance","level":1,"score":0.20103135704994202},{"id":"https://openalex.org/C18903297","wikidata":"https://www.wikidata.org/wiki/Q7150","display_name":"Ecology","level":1,"score":0.09531381726264954},{"id":"https://openalex.org/C145097563","wikidata":"https://www.wikidata.org/wiki/Q1148747","display_name":"Payment","level":2,"score":0.0},{"id":"https://openalex.org/C142362112","wikidata":"https://www.wikidata.org/wiki/Q735","display_name":"Art","level":0,"score":0.0},{"id":"https://openalex.org/C138885662","wikidata":"https://www.wikidata.org/wiki/Q5891","display_name":"Philosophy","level":0,"score":0.0},{"id":"https://openalex.org/C178790620","wikidata":"https://www.wikidata.org/wiki/Q11351","display_name":"Organic chemistry","level":1,"score":0.0},{"id":"https://openalex.org/C111472728","wikidata":"https://www.wikidata.org/wiki/Q9471","display_name":"Epistemology","level":1,"score":0.0},{"id":"https://openalex.org/C124952713","wikidata":"https://www.wikidata.org/wiki/Q8242","display_name":"Literature","level":1,"score":0.0},{"id":"https://openalex.org/C185592680","wikidata":"https://www.wikidata.org/wiki/Q2329","display_name":"Chemistry","level":0,"score":0.0},{"id":"https://openalex.org/C86803240","wikidata":"https://www.wikidata.org/wiki/Q420","display_name":"Biology","level":0,"score":0.0},{"id":"https://openalex.org/C41895202","wikidata":"https://www.wikidata.org/wiki/Q8162","display_name":"Linguistics","level":1,"score":0.0}],"mesh":[],"locations_count":3,"locations":[{"id":"doi:10.1007/s10018-016-0171-4","doi":"https://doi.org/10.1007/s10018-016-0171-4","is_oa":false,"landing_page_url":"https://doi.org/10.1007/s10018-016-0171-4","pdf_url":null,"source":{"id":"https://openalex.org/S2764896919","display_name":"Environmental Economics and Policy Studies","issn_l":"1432-847X","issn":["1432-847X","1867-383X"],"is_oa":false,"is_in_doaj":false,"is_core":true,"listed_in":["abdc-b","anvur-scientific","cwts-core","jufo-1","norway-1","poland-70","russia-white-list-1","vabb-shw"],"host_organization":"https://openalex.org/P4310319900","host_organization_name":"Springer Science+Business Media","host_organization_lineage":["https://openalex.org/P4310319900","https://openalex.org/P4310319965"],"host_organization_lineage_names":["Springer Science+Business Media","Springer Nature"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Environmental Economics and Policy Studies","raw_type":"journal-article"},{"id":"mag:3122854031","doi":null,"is_oa":true,"landing_page_url":"https://papers.ssrn.com/sol3/papers.cfm?abstract_id=2853640","pdf_url":null,"source":{"id":"https://openalex.org/S4210172589","display_name":"SSRN Electronic Journal","issn_l":"1556-5068","issn":["1556-5068"],"is_oa":true,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I1318003438","host_organization_name":"RELX Group (Netherlands)","host_organization_lineage":["https://openalex.org/I1318003438"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":"SSRN Electronic Journal","raw_type":null},{"id":"pmh:oai:RePEc:spr:envpol:v:19:y:2017:i:4:d:10.1007_s10018-016-0171-4","doi":null,"is_oa":false,"landing_page_url":"http://link.springer.com/10.1007/s10018-016-0171-4","pdf_url":null,"source":{"id":"https://openalex.org/S4306401271","display_name":"RePEc: Research Papers in Economics","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I77793887","host_organization_name":"Federal Reserve Bank of St. Louis","host_organization_lineage":["https://openalex.org/I77793887"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":null,"raw_type":"article"}],"best_oa_location":{"id":"mag:3122854031","doi":null,"is_oa":true,"landing_page_url":"https://papers.ssrn.com/sol3/papers.cfm?abstract_id=2853640","pdf_url":null,"source":{"id":"https://openalex.org/S4210172589","display_name":"SSRN Electronic Journal","issn_l":"1556-5068","issn":["1556-5068"],"is_oa":true,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I1318003438","host_organization_name":"RELX Group (Netherlands)","host_organization_lineage":["https://openalex.org/I1318003438"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":"SSRN Electronic Journal","raw_type":null},"sustainable_development_goals":[{"display_name":"Climate action","id":"https://metadata.un.org/sdg/13","score":0.9786999821662903}],"study_designs":[],"awards":[],"funders":[],"has_content":{"pdf":false,"grobid_xml":false},"content_urls":null,"referenced_works_count":52,"referenced_works":["https://openalex.org/W1526014265","https://openalex.org/W1599694035","https://openalex.org/W1968642827","https://openalex.org/W1979005811","https://openalex.org/W1982269994","https://openalex.org/W1986022745","https://openalex.org/W1995945562","https://openalex.org/W1997009847","https://openalex.org/W1998421333","https://openalex.org/W2002493340","https://openalex.org/W2004412454","https://openalex.org/W2007528270","https://openalex.org/W2016238575","https://openalex.org/W2019261673","https://openalex.org/W2019851767","https://openalex.org/W2025235358","https://openalex.org/W2026487402","https://openalex.org/W2028881283","https://openalex.org/W2036114297","https://openalex.org/W2040981563","https://openalex.org/W2047822560","https://openalex.org/W2054357408","https://openalex.org/W2067374063","https://openalex.org/W2070509242","https://openalex.org/W2076784077","https://openalex.org/W2077646446","https://openalex.org/W2084130597","https://openalex.org/W2090268625","https://openalex.org/W2093272448","https://openalex.org/W2094432880","https://openalex.org/W2095195143","https://openalex.org/W2096972373","https://openalex.org/W2098078338","https://openalex.org/W2101756786","https://openalex.org/W2108446661","https://openalex.org/W2115399919","https://openalex.org/W2127120472","https://openalex.org/W2130171260","https://openalex.org/W2131773668","https://openalex.org/W2134752891","https://openalex.org/W2137553792","https://openalex.org/W2166368077","https://openalex.org/W2486563685","https://openalex.org/W3106889297","https://openalex.org/W3121242749","https://openalex.org/W3123007985","https://openalex.org/W3123598380","https://openalex.org/W3123689240","https://openalex.org/W3124731229","https://openalex.org/W3124760570","https://openalex.org/W3125314201","https://openalex.org/W4245127739"],"related_works":["https://openalex.org/W4286008784","https://openalex.org/W3001072034","https://openalex.org/W4386860442","https://openalex.org/W1480994072","https://openalex.org/W4376138927","https://openalex.org/W1580152903","https://openalex.org/W3123322176","https://openalex.org/W2788757570","https://openalex.org/W4413021616","https://openalex.org/W4200530357"],"abstract_inverted_index":null,"counts_by_year":[{"year":2025,"cited_by_count":3},{"year":2023,"cited_by_count":1},{"year":2022,"cited_by_count":3},{"year":2021,"cited_by_count":3},{"year":2020,"cited_by_count":1},{"year":2019,"cited_by_count":6},{"year":2017,"cited_by_count":1}],"updated_date":"2026-11-07T11:25:07.637180","created_date":"2016-09-23T00:00:00"}
