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Methods for allocating risks in future public policy actions

A policy, behavioral technique applied in the field of mechanisms to meet this need

Inactive Publication Date: 2010-03-10
CHICAGO CLIMATE EXCHANGE
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  • Summary
  • Abstract
  • Description
  • Claims
  • Application Information

AI Technical Summary

Problems solved by technology

Currently, there are no suitable and well-regarded fiscal mechanisms that would allow the transfer of the risks associated with these public policy actions from entities that face economic risks as a result of public policy actions to entities that are willing to accept the risks

Method used

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  • Methods for allocating risks in future public policy actions
  • Methods for allocating risks in future public policy actions

Examples

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Embodiment Construction

[0013] The present invention provides a market-based contract mechanism that allows the policy risks that exist in the development of specific specific policies to be transferred from those who face the economic risks brought about by these events to those who are willing to accept such risks. Financial and investment agent. Contract instruments can be traded in an organized exchange mechanism, or in other markets such as private, over-the-counter trading markets, as products provided by banks and investment institutions.

[0014] Organized exchanges can include systems that facilitate transactions between parties. The system may include a registry, a security mechanism, and a trading host or platform. The system can be connected to a network, such as the Internet or any other public or private network or connection of computing devices.

[0015] The trading platform is an electronic mechanism for custody of market transactions. It provides participants with a central location to...

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PUM

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Abstract

Computer-implemented methods for allocating risks from public policy developments are described. The methods include identifying a future public policy action with economic impact; identifying a parameter to indicate that the policy action has or has not occurred; creating a contractual instrument that is based on the occurrence of the policy action; and trading the instrument. A contractual instrument based upon on an occurrence of a public policy action in electronic form and tradable in the methods is also described.

Description

Background technique [0001] Significant economic value and risks are related to the following factors: the passage of legislation, regulations, judicial actions, election results, international agreements, and other policy developments and actions that can lead to important public policy changes. Conventionally, these developments pose existing risks to industry, agriculture, government, financial enterprises, fisheries, forestry, energy systems, and many other economic entities related to public policy actions. [0002] An example of this kind of public policy action is the legislative action at the federal level that imposes environmental requirements, such as the control of carbon dioxide emissions. Under such a setting, many entities will face increased environmental costs in the energy, manufacturing, and transportation sectors, while entities that provide technologies to reduce or mitigate carbon emissions will foresee more business opportunities. At present, there is no su...

Claims

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Application Information

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Patent Type & Authority Applications(China)
IPC IPC(8): G06Q40/00
CPCG06Q40/06G06Q40/08G06Q40/04G06Q50/26
Inventor 理查德·桑德米歇尔·沃什
Owner CHICAGO CLIMATE EXCHANGE
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