{"id":"https://openalex.org/W3000225495","doi":"https://doi.org/10.1080/00207543.2020.1711986","title":"The effect of emission permit allocation in an early-stage cap-and-trade for a duopoly market","display_name":"The effect of emission permit allocation in an early-stage cap-and-trade for a duopoly market","publication_year":2020,"publication_date":"2020-01-14","ids":{"openalex":"https://openalex.org/W3000225495","doi":"https://doi.org/10.1080/00207543.2020.1711986","mag":"3000225495"},"language":"en","primary_location":{"id":"doi:10.1080/00207543.2020.1711986","is_oa":false,"landing_page_url":"https://doi.org/10.1080/00207543.2020.1711986","pdf_url":null,"source":{"id":"https://openalex.org/S65690446","display_name":"International Journal of Production Research","issn_l":"0020-7543","issn":["0020-7543","1366-588X"],"is_oa":false,"is_in_doaj":false,"is_core":true,"host_organization":"https://openalex.org/P4310320547","host_organization_name":"Taylor & Francis","host_organization_lineage":["https://openalex.org/P4310320547"],"host_organization_lineage_names":["Taylor & Francis"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"International Journal of Production Research","raw_type":"journal-article"},"type":"article","indexed_in":["crossref","datacite"],"open_access":{"is_oa":true,"oa_status":"green","oa_url":"https://figshare.com/articles/journal_contribution/The_effect_of_emission_permit_allocation_in_an_early-stage_cap-and-trade_for_a_duopoly_market/11603808","any_repository_has_fulltext":true},"authorships":[{"author_position":"first","author":{"id":"https://openalex.org/A5062125004","display_name":"Yanfang Zheng","orcid":null},"institutions":[{"id":"https://openalex.org/I173899330","display_name":"Henan University","ror":"https://ror.org/003xyzq10","country_code":"CN","type":"education","lineage":["https://openalex.org/I173899330"]}],"countries":["CN"],"is_corresponding":false,"raw_author_name":"Yanfang Zheng","raw_affiliation_strings":["Institute of Management Science and Engineering, School of Business, Henan University, Kaifeng, People's Republic of China"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Institute of Management Science and Engineering, School of Business, Henan University, Kaifeng, People's Republic of China","institution_ids":["https://openalex.org/I173899330"]}]},{"author_position":"middle","author":{"id":"https://openalex.org/A5101534938","display_name":"Wenhui Zhou","orcid":"https://orcid.org/0000-0002-5078-9041"},"institutions":[{"id":"https://openalex.org/I90610280","display_name":"South China University of Technology","ror":"https://ror.org/0530pts50","country_code":"CN","type":"education","lineage":["https://openalex.org/I90610280"]}],"countries":["CN"],"is_corresponding":false,"raw_author_name":"Wenhui Zhou","raw_affiliation_strings":["School of Business Administration, South China University of Technology, Guangzhou, People's Republic of China"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"School of Business Administration, South China University of Technology, Guangzhou, People's Republic of China","institution_ids":["https://openalex.org/I90610280"]}]},{"author_position":"middle","author":{"id":"https://openalex.org/A5100329861","display_name":"Xi Chen","orcid":"https://orcid.org/0000-0001-7384-0965"},"institutions":[{"id":"https://openalex.org/I4210130704","display_name":"University of Michigan\u2013Dearborn","ror":"https://ror.org/035wtm547","country_code":"US","type":"education","lineage":["https://openalex.org/I4210130704"]}],"countries":["US"],"is_corresponding":false,"raw_author_name":"Xi Chen","raw_affiliation_strings":["Department of Industrial and Manufacturing Systems Engineering, University of Michigan-Dearborn, Dearborn, MI, USA"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Department of Industrial and Manufacturing Systems Engineering, University of Michigan-Dearborn, Dearborn, MI, USA","institution_ids":["https://openalex.org/I4210130704"]}]},{"author_position":"last","author":{"id":"https://openalex.org/A5068239684","display_name":"Weixiang Huang","orcid":"https://orcid.org/0000-0002-4627-888X"},"institutions":[{"id":"https://openalex.org/I90610280","display_name":"South China University of Technology","ror":"https://ror.org/0530pts50","country_code":"CN","type":"education","lineage":["https://openalex.org/I90610280"]}],"countries":["CN"],"is_corresponding":true,"raw_author_name":"Weixiang Huang","raw_affiliation_strings":["School of Business Administration, South China University of Technology, Guangzhou, People's Republic of China"],"raw_orcid":"https://orcid.org/0000-0002-4627-888X","affiliations":[{"raw_affiliation_string":"School of Business Administration, South China University of Technology, Guangzhou, People's Republic of China","institution_ids":["https://openalex.org/I90610280"]}]}],"institutions":[],"countries_distinct_count":2,"institutions_distinct_count":4,"corresponding_author_ids":["https://openalex.org/A5068239684"],"corresponding_institution_ids":["https://openalex.org/I90610280"],"apc_list":null,"apc_paid":null,"fwci":6.1115,"has_fulltext":false,"cited_by_count":41,"citation_normalized_percentile":{"value":0.96670322,"is_in_top_1_percent":false,"is_in_top_10_percent":true},"cited_by_percentile_year":{"min":89,"max":99},"biblio":{"volume":"59","issue":"3","first_page":"909","last_page":"925"},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T10471","display_name":"Climate Change Policy and Economics","score":0.9998000264167786,"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"}},"topics":[{"id":"https://openalex.org/T10471","display_name":"Climate Change Policy and Economics","score":0.9998000264167786,"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/T12617","display_name":"Energy, Environment, and Transportation Policies","score":0.9973000288009644,"subfield":{"id":"https://openalex.org/subfields/2105","display_name":"Renewable Energy, Sustainability and the Environment"},"field":{"id":"https://openalex.org/fields/21","display_name":"Energy"},"domain":{"id":"https://openalex.org/domains/3","display_name":"Physical Sciences"}},{"id":"https://openalex.org/T10435","display_name":"Environmental Impact and Sustainability","score":0.9896000027656555,"subfield":{"id":"https://openalex.org/subfields/2305","display_name":"Environmental Engineering"},"field":{"id":"https://openalex.org/fields/23","display_name":"Environmental Science"},"domain":{"id":"https://openalex.org/domains/3","display_name":"Physical Sciences"}}],"keywords":[{"id":"https://openalex.org/keywords/duopoly","display_name":"Duopoly","score":0.898165225982666},{"id":"https://openalex.org/keywords/emissions-trading","display_name":"Emissions trading","score":0.838422954082489},{"id":"https://openalex.org/keywords/windfall-gain","display_name":"Windfall gain","score":0.7498300075531006},{"id":"https://openalex.org/keywords/benchmarking","display_name":"Benchmarking","score":0.6860589385032654},{"id":"https://openalex.org/keywords/incentive","display_name":"Incentive","score":0.665097713470459},{"id":"https://openalex.org/keywords/economic-surplus","display_name":"Economic surplus","score":0.6039676666259766},{"id":"https://openalex.org/keywords/greenhouse-gas","display_name":"Greenhouse gas","score":0.5732176899909973},{"id":"https://openalex.org/keywords/microeconomics","display_name":"Microeconomics","score":0.5659051537513733},{"id":"https://openalex.org/keywords/economics","display_name":"Economics","score":0.5594654083251953},{"id":"https://openalex.org/keywords/welfare","display_name":"Welfare","score":0.551466166973114},{"id":"https://openalex.org/keywords/order","display_name":"Order (exchange)","score":0.4215081036090851},{"id":"https://openalex.org/keywords/industrial-organization","display_name":"Industrial organization","score":0.3918410539627075},{"id":"https://openalex.org/keywords/business","display_name":"Business","score":0.38804560899734497},{"id":"https://openalex.org/keywords/cournot-competition","display_name":"Cournot competition","score":0.28654733300209045},{"id":"https://openalex.org/keywords/market-economy","display_name":"Market economy","score":0.2156536877155304},{"id":"https://openalex.org/keywords/finance","display_name":"Finance","score":0.0833231508731842}],"concepts":[{"id":"https://openalex.org/C180456769","wikidata":"https://www.wikidata.org/wiki/Q750207","display_name":"Duopoly","level":3,"score":0.898165225982666},{"id":"https://openalex.org/C100405246","wikidata":"https://www.wikidata.org/wiki/Q8348417","display_name":"Emissions trading","level":3,"score":0.838422954082489},{"id":"https://openalex.org/C629919","wikidata":"https://www.wikidata.org/wiki/Q442023","display_name":"Windfall gain","level":2,"score":0.7498300075531006},{"id":"https://openalex.org/C86251818","wikidata":"https://www.wikidata.org/wiki/Q816754","display_name":"Benchmarking","level":2,"score":0.6860589385032654},{"id":"https://openalex.org/C29122968","wikidata":"https://www.wikidata.org/wiki/Q1414816","display_name":"Incentive","level":2,"score":0.665097713470459},{"id":"https://openalex.org/C167393938","wikidata":"https://www.wikidata.org/wiki/Q268617","display_name":"Economic surplus","level":3,"score":0.6039676666259766},{"id":"https://openalex.org/C47737302","wikidata":"https://www.wikidata.org/wiki/Q167336","display_name":"Greenhouse gas","level":2,"score":0.5732176899909973},{"id":"https://openalex.org/C175444787","wikidata":"https://www.wikidata.org/wiki/Q39072","display_name":"Microeconomics","level":1,"score":0.5659051537513733},{"id":"https://openalex.org/C162324750","wikidata":"https://www.wikidata.org/wiki/Q8134","display_name":"Economics","level":0,"score":0.5594654083251953},{"id":"https://openalex.org/C100243477","wikidata":"https://www.wikidata.org/wiki/Q12002092","display_name":"Welfare","level":2,"score":0.551466166973114},{"id":"https://openalex.org/C182306322","wikidata":"https://www.wikidata.org/wiki/Q1779371","display_name":"Order (exchange)","level":2,"score":0.4215081036090851},{"id":"https://openalex.org/C40700","wikidata":"https://www.wikidata.org/wiki/Q1411783","display_name":"Industrial organization","level":1,"score":0.3918410539627075},{"id":"https://openalex.org/C144133560","wikidata":"https://www.wikidata.org/wiki/Q4830453","display_name":"Business","level":0,"score":0.38804560899734497},{"id":"https://openalex.org/C16520705","wikidata":"https://www.wikidata.org/wiki/Q601799","display_name":"Cournot competition","level":2,"score":0.28654733300209045},{"id":"https://openalex.org/C34447519","wikidata":"https://www.wikidata.org/wiki/Q179522","display_name":"Market economy","level":1,"score":0.2156536877155304},{"id":"https://openalex.org/C10138342","wikidata":"https://www.wikidata.org/wiki/Q43015","display_name":"Finance","level":1,"score":0.0833231508731842},{"id":"https://openalex.org/C86803240","wikidata":"https://www.wikidata.org/wiki/Q420","display_name":"Biology","level":0,"score":0.0},{"id":"https://openalex.org/C18903297","wikidata":"https://www.wikidata.org/wiki/Q7150","display_name":"Ecology","level":1,"score":0.0},{"id":"https://openalex.org/C187736073","wikidata":"https://www.wikidata.org/wiki/Q2920921","display_name":"Management","level":1,"score":0.0}],"mesh":[],"locations_count":4,"locations":[{"id":"doi:10.1080/00207543.2020.1711986","is_oa":false,"landing_page_url":"https://doi.org/10.1080/00207543.2020.1711986","pdf_url":null,"source":{"id":"https://openalex.org/S65690446","display_name":"International Journal of Production Research","issn_l":"0020-7543","issn":["0020-7543","1366-588X"],"is_oa":false,"is_in_doaj":false,"is_core":true,"host_organization":"https://openalex.org/P4310320547","host_organization_name":"Taylor & Francis","host_organization_lineage":["https://openalex.org/P4310320547"],"host_organization_lineage_names":["Taylor & Francis"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"International Journal of Production Research","raw_type":"journal-article"},{"id":"pmh:oai:RePEc:taf:tprsxx:v:59:y:2021:i:3:p:909-925","is_oa":false,"landing_page_url":"http://hdl.handle.net/10.1080/00207543.2020.1711986","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,"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"},{"id":"pmh:oai:figshare.com:article/11603808","is_oa":true,"landing_page_url":"https://figshare.com/articles/journal_contribution/The_effect_of_emission_permit_allocation_in_an_early-stage_cap-and-trade_for_a_duopoly_market/11603808","pdf_url":null,"source":{"id":"https://openalex.org/S4377196282","display_name":"Figshare","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"host_organization":"https://openalex.org/I4210132348","host_organization_name":"Figshare (United Kingdom)","host_organization_lineage":["https://openalex.org/I4210132348"],"host_organization_lineage_names":[],"type":"repository"},"license":"cc-by","license_id":"https://openalex.org/licenses/cc-by","version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":"","raw_type":"Text"},{"id":"doi:10.6084/m9.figshare.11603808.v1","is_oa":true,"landing_page_url":"https://doi.org/10.6084/m9.figshare.11603808.v1","pdf_url":null,"source":{"id":"https://openalex.org/S4377196282","display_name":"Figshare","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"host_organization":"https://openalex.org/I4210132348","host_organization_name":"Figshare (United Kingdom)","host_organization_lineage":["https://openalex.org/I4210132348"],"host_organization_lineage_names":[],"type":"repository"},"license":"cc-by","license_id":"https://openalex.org/licenses/cc-by","version":null,"is_accepted":false,"is_published":null,"raw_source_name":null,"raw_type":"article-journal"}],"best_oa_location":{"id":"pmh:oai:figshare.com:article/11603808","is_oa":true,"landing_page_url":"https://figshare.com/articles/journal_contribution/The_effect_of_emission_permit_allocation_in_an_early-stage_cap-and-trade_for_a_duopoly_market/11603808","pdf_url":null,"source":{"id":"https://openalex.org/S4377196282","display_name":"Figshare","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"host_organization":"https://openalex.org/I4210132348","host_organization_name":"Figshare (United Kingdom)","host_organization_lineage":["https://openalex.org/I4210132348"],"host_organization_lineage_names":[],"type":"repository"},"license":"cc-by","license_id":"https://openalex.org/licenses/cc-by","version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":"","raw_type":"Text"},"sustainable_development_goals":[{"id":"https://metadata.un.org/sdg/7","score":0.41999998688697815,"display_name":"Affordable and clean energy"}],"awards":[{"id":"https://openalex.org/G2039003042","display_name":null,"funder_award_id":"71801084","funder_id":"https://openalex.org/F4320321001","funder_display_name":"National Natural Science Foundation of China"},{"id":"https://openalex.org/G3135327350","display_name":null,"funder_award_id":"71925002","funder_id":"https://openalex.org/F4320321001","funder_display_name":"National Natural Science Foundation of China"},{"id":"https://openalex.org/G3375356113","display_name":null,"funder_award_id":"71731006","funder_id":"https://openalex.org/F4320321001","funder_display_name":"National Natural Science Foundation of China"},{"id":"https://openalex.org/G7366249106","display_name":null,"funder_award_id":"71801096","funder_id":"https://openalex.org/F4320321001","funder_display_name":"National Natural Science Foundation of China"},{"id":"https://openalex.org/G823297842","display_name":null,"funder_award_id":"2019M650202","funder_id":"https://openalex.org/F4320321543","funder_display_name":"China Postdoctoral Science Foundation"},{"id":"https://openalex.org/G89847","display_name":null,"funder_award_id":"71571070","funder_id":"https://openalex.org/F4320321001","funder_display_name":"National Natural Science Foundation of China"}],"funders":[{"id":"https://openalex.org/F4320321001","display_name":"National Natural Science Foundation of China","ror":"https://ror.org/01h0zpd94"},{"id":"https://openalex.org/F4320321543","display_name":"China Postdoctoral Science Foundation","ror":"https://ror.org/0426zh255"}],"has_content":{"grobid_xml":false,"pdf":false},"content_urls":null,"referenced_works_count":42,"referenced_works":["https://openalex.org/W1588633168","https://openalex.org/W1600466794","https://openalex.org/W1772273256","https://openalex.org/W1939151669","https://openalex.org/W1971418145","https://openalex.org/W1971514405","https://openalex.org/W1980431281","https://openalex.org/W2002493340","https://openalex.org/W2007363578","https://openalex.org/W2011854210","https://openalex.org/W2013224287","https://openalex.org/W2034824130","https://openalex.org/W2041632134","https://openalex.org/W2051907287","https://openalex.org/W2057891203","https://openalex.org/W2060655817","https://openalex.org/W2067160548","https://openalex.org/W2070666328","https://openalex.org/W2105053233","https://openalex.org/W2136559213","https://openalex.org/W2149294070","https://openalex.org/W2186835502","https://openalex.org/W2262038266","https://openalex.org/W2321093687","https://openalex.org/W2513854122","https://openalex.org/W2532944773","https://openalex.org/W2593100573","https://openalex.org/W2597557461","https://openalex.org/W2779124884","https://openalex.org/W2782764957","https://openalex.org/W2791211479","https://openalex.org/W2884651388","https://openalex.org/W2987803453","https://openalex.org/W3121352465","https://openalex.org/W3121585668","https://openalex.org/W3122172085","https://openalex.org/W3122534997","https://openalex.org/W3123348045","https://openalex.org/W3124842558","https://openalex.org/W3147978081","https://openalex.org/W4246223421","https://openalex.org/W4253635768"],"related_works":["https://openalex.org/W1891144061","https://openalex.org/W3134067379","https://openalex.org/W2171850473","https://openalex.org/W3145892652","https://openalex.org/W2884154095","https://openalex.org/W2908651829","https://openalex.org/W408480018","https://openalex.org/W3122632993","https://openalex.org/W3149252057","https://openalex.org/W1879418305"],"abstract_inverted_index":{"Cap-and-trade":[0],"systems,":[1],"or":[2,159],"emission":[3,54,69,96,115,176],"trading":[4,177],"systems":[5,30],"(ETS),":[6],"are":[7,28,39],"increasingly":[8],"adopted":[9],"by":[10,42],"countries":[11],"and":[12,33,49,59,165,190,193],"regions":[13],"to":[14,91,143,145,149],"provide":[15],"economic":[16],"incentives":[17],"for":[18,133],"reducing":[19],"greenhouse":[20],"gas":[21],"emissions.":[22],"The":[23],"majority":[24],"of":[25,52,68,94],"existing":[26],"ETS":[27,38],"early-stage":[29,37,74,138],"implemented":[31],"in":[32,72,77,137,157],"after":[34],"2013.":[35],"These":[36],"typically":[40],"characterised":[41],"a":[43,78,112,130],"focus":[44],"on":[45],"few":[46],"industry":[47],"sectors,":[48],"the":[50,66,88,166,181,195],"employment":[51],"free":[53],"allocation":[55,70,127,173],"schemes":[56,71],"including":[57],"grandfathering":[58],"benchmarking.":[60],"In":[61],"this":[62],"paper,":[63],"we":[64],"investigate":[65],"impact":[67],"an":[73],"cap-and-trade":[75],"system":[76],"duopoly":[79],"market.":[80],"We":[81,108],"show":[82],"that":[83,111],"benchmarking":[84],"scheme":[85],"may":[86,117,155],"lead":[87,144],"energy-efficient":[89],"firm":[90,161,188],"reserve":[92],"part":[93],"its":[95],"permits,":[97],"while":[98,153,184],"firms":[99],"always":[100],"use":[101],"up":[102],"their":[103],"after-trading":[104],"permits":[105],"under":[106,125,151,171],"grandfathering.":[107],"also":[109],"find":[110],"more":[113],"stringent":[114],"cap":[116],"increase":[118,187],"firms'":[119],"profits":[120,135,189],"rather":[121],"than":[122],"decreasing":[123],"them":[124],"both":[126],"schemes,":[128],"suggesting":[129],"possible":[131],"cause":[132],"windfall":[134],"observed":[136],"ETS.":[139],"Benchmarking":[140],"is":[141],"found":[142],"lower":[146,160],"emissions":[147],"compared":[148],"those":[150],"grandfathering,":[152],"it":[154,185],"result":[156],"higher":[158],"profits,":[162],"consumer":[163,191],"surplus,":[164],"overall":[167,196],"social":[168,197],"welfare.":[169,198],"Furthermore,":[170],"either":[172],"scheme,":[174],"allowing":[175],"does":[178],"not":[179],"affect":[180],"total":[182],"emissions,":[183],"can":[186],"surplus":[192],"therefore":[194]},"counts_by_year":[{"year":2026,"cited_by_count":2},{"year":2025,"cited_by_count":5},{"year":2024,"cited_by_count":14},{"year":2023,"cited_by_count":9},{"year":2022,"cited_by_count":6},{"year":2021,"cited_by_count":4},{"year":2020,"cited_by_count":1}],"updated_date":"2026-03-27T05:58:40.876381","created_date":"2025-10-10T00:00:00"}