On 2/23/07, David Opderbeck <dopderbeck@gmail.com> wrote:
>
> This is off the top of my head though. Any research links into whether an
> exchange without central control would work for emissions credits? (I'm
> trying to think of a better parallel than currency markets -- maybe real
> estate markets?)
>
Think hedge funds because there is a smaller number of bigger players. It is
also a good analogy because it is a modified form of arbitrage.
Capitalism can still work even when markets are not completely efficient.
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Received on Fri Feb 23 11:59:41 2007
This archive was generated by hypermail 2.1.8 : Fri Feb 23 2007 - 11:59:41 EST