Emission Allowances Prices Predictions for the Purposes of Managerial Decision Making

Result code in IS VaVaI

<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F26867184%3A_____%2F15%3A%230000236" target="_blank" >RIV/26867184:_____/15:#0000236 - isvavai.cz</a>

Result on the web

<a href="http://medwelljournals.com/abstract/?doi=ibm.2015.1508.1516" target="_blank" >http://medwelljournals.com/abstract/?doi=ibm.2015.1508.1516</a>

DOI - Digital Object Identifier

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Result language

angličtina

Original language name

Emission Allowances Prices Predictions for the Purposes of Managerial Decision Making

Original language description

This study is focused on predictions of emission allowances prices within the EU ETS for the purposes of managerial decision making; precisely the study presents possibilities of the EUA auction price development forecasts with application of so called unconventional managerial decision-making methods as linguistic and fuzzy models. Firstly, the study presents the background of the EU emissions trading system and an overview of different methods used in current research connected with CO2 emission allowances. The key task of the study is an application of one selected model of the fuzzy models group to emission allowances price development predictions. In this consequence, the study presents comparison of prediction results obtained from LFLF and ARIMAmodels. The prediction errors, advantages and disadvantages of LFLF are discussed; furthermore, the practical usage of emission allowances price predictions in decision making process is suggested. LFLF model can be valuable tool for pre

Czech name

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Czech description

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Type

J_x - Unclassified - Peer-reviewed scientific article (Jimp, Jsc and Jost)

CEP classification

AH - Economics

OECD FORD branch

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Project

<a href="/en/project/GAP403%2F12%2F1811" target="_blank" >GAP403/12/1811: Unconventional Managerial's Decision-Making Methods Development in Enterprise Economics and Public Economy</a><br>

Continuities

P - Projekt vyzkumu a vyvoje financovany z verejnych zdroju (s odkazem do CEP)

Publication year

2015

Confidentiality

S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Name of the periodical

International Business Management

ISSN

1508-1516

e-ISSN

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Volume of the periodical

9

Issue of the periodical within the volume

6

Country of publishing house

PK - PAKISTAN

Number of pages

9

Pages from-to

1508-1516

UT code for WoS article

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EID of the result in the Scopus database

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