Discovering The Value of Electronic Gaming for Comprehending The Carbon Emissions Allowance Trading Market

Abstract

In recent years, the EU Emissions Trading System (EU-ETS) has introduced an economic perspective, such as market trading, to achieve greenhouse gas reduction targets established by each country and company. Gaming simulation is an educational technique used to model significant problems, such as the climate change. However, market transactions such as carbon allowance trading, require a large number of research participants. To enable the carbon emissions allowance trading market to involve even a small number of research participants, this study proposed the design of a web application to simulate the carbon emissions allowance trading market by research participants.