CO2 Permits Auction in the Carbon Game

In this example, taken from the last session at Mines Albi, 108 permits are to be auctioned through a uniform auction

auctionTeam 7 decides that above €160, it prefers to sell its permits. Equilibrium is reached at €300. All offers above €300 are treated in priority, so Team 8 only receives 3 permits out of the 30 it required.

 

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