Search Results for author: Yongyang Cai

Found 2 papers, 0 papers with code

Dynamics of Global Emission Permit Prices and Regional Social Cost of Carbon under Noncooperation

no code implementations24 Dec 2023 Yongyang Cai, Khyati Malik, Hyeseon Shin

We build a dynamic multi-region model of climate and economy with emission permit trading among 12 aggregated regions in the world.

Numerical Solution of Dynamic Portfolio Optimization with Transaction Costs

no code implementations3 Mar 2020 Yongyang Cai, Kenneth Judd, Rong Xu

We apply numerical dynamic programming techniques to solve discrete-time multi-asset dynamic portfolio optimization problems with proportional transaction costs and shorting/borrowing constraints.

Portfolio Optimization

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