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Study on Double Auction Model for Discharge Quota Trading of Water Pollutants

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Modeling Risk Management for Resources and Environment in China

Part of the book series: Computational Risk Management ((Comp. Risk Mgmt))

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Abstract

This paper briefly introduces the market structure and operating mechanism of the water pollutant emissions trading in order to increase efficiency, and proposes the double auction model which consists of water pollutant emissions trading transaction costs and trading volume, and the auction price and the exchange price trading mechanism rules. Then a numerical example is given to illustrate the application of this model, and it is significant in water pollutant emissions trading.

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Acknowledgments

This work is supported provided by the National Social Science Foundation of China (No. 08CJY02), the Key Project of Chinese Ministry of Education (No. 108064) and Project 333 Foundation of Jiangsu Province.

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Authors and Affiliations

  1. State Key Laboratory of Hydrology Water Resource and Hydraulic Engineering, Nanjing, 210098, China

    Huirong Tang, Huimin Wang & Lei Qiu

  2. Institute of Management Science, Hohai University, Nanjing, 210098, China

    Huirong Tang, Huimin Wang & Lei Qiu

Authors
  1. Huirong Tang
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  2. Huimin Wang
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  3. Lei Qiu
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Corresponding author

Correspondence to Huirong Tang .

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Editors and Affiliations

  1. , Risklab, University of Toronto, Spadina Crescent 1, Toronto, M5S 3G3, Ontario, Canada

    Desheng Dash Wu

  2. , Academy of Mathematics and Systems Scien, Chinese Academy of Sciences, Beijing, 100190, China, People's Republic

    Yong Zhou

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© 2011 Springer-Verlag Berlin Heidelberg

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Tang, H., Wang, H., Qiu, L. (2011). Study on Double Auction Model for Discharge Quota Trading of Water Pollutants. In: Wu, D., Zhou, Y. (eds) Modeling Risk Management for Resources and Environment in China. Computational Risk Management. Springer, Berlin, Heidelberg. https://doi.org/10.1007/978-3-642-18387-4_41

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