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Carbon Footprint Optimization: Game Theoretic Problems and Solutions DEEPAK BAGCHI Infosys Ltd. and SHANTANU BISWAS Infosys Ltd. and Y. NARAHARI Indian Institute Of Science and P. SURESH Infosys Ltd. and L. UDAYA LAKSHMI Indian Institute Of Science and N. VISWANADHAM Indian Institute Of Science and S. V. SUBRAHMANYA Infosys Ltd. We discuss four problems that we have identi ed under the umbrella of carbon economics problems: carbon credit allocation (CCA), carbon credit buying (CCB), carbon credit selling (CCS), and carbon credit exchange (CCE). Because of the strategic nature of the players involved in these problems, game theory and mechanism design provides a natural way of formulating and solving these problems. We then focus on a particular CCA problem, the carbon emission reduction problem, where the countries or global industries are trying to reduce their carbon footprint at minimum cost. We brie y describe solutions to the above problem. Categories and Subject Descriptors: J.4 [Social and Behavioral Sciences]: Economics General Terms: Carbon Emission, Economics, Game Theory Additional Key Words and Phrases: Mechanism Design, Auctions, Carbon Footprint Optimization, Carbon Economics Authors addresses: deepak bagchi@infosys.com, shantanu biswas@infosys.com, hari@csa.iisc.ernet.in, suresh p01@infosys.com, udaya lakshmi@csa.iisc.ernet.in, nv@csa.iisc.ernet.in, subrahmanyasv@infosys.com Deepak Bagchi et al. 1. INTRODUCTION
ACM SIGecom Exchanges – Association for Computing Machinery
Published: Jun 1, 2012
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