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Title: Agent Based Simulation of Carbon Emissions Trading Market
Authors: Mutlu, Fatma
Ünver, Nilgün Fescioğlu
Keywords: [No Keywords]
Issue Date: 2011
Publisher: IEEE
Source: Portland International Center for Management of Engineering and Technology (PICMET) Conference on Technology Management in the Energy-Smart World -- JUL 31-AUG 04, 2011 -- Portland, OR
Abstract: In this research we examine the supply and demand relationship in a carbon emissions trading market by using agent based system simulation. An agent based system is a computational system that simulates the behaviors of autonomous agents. We model different nations which take place in the carbon trading market as autonomous agents, and these agents act as buyers or sellers in the same trading market. A market-director agent directs the trading between the buyer and seller agents and enables a market mechanism with dynamic auction. This study analyzes the changes in carbon price and the total carbon reduction amount under several different demand scenarios. We used JADE (Java Based Agent Development Environment) as the simulation environment.
ISBN: 978-1-890843-23-6
Appears in Collections:Endüstri Mühendisliği Bölümü / Department of Industrial Engineering
Scopus İndeksli Yayınlar Koleksiyonu / Scopus Indexed Publications Collection
WoS İndeksli Yayınlar Koleksiyonu / WoS Indexed Publications Collection

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