BestMasters: An Application of the Dynamic Integrated Climate-Economy Model

Orlando Zaddach, Jonathan

In this thesis, Orlando Zaddach applies a discounting scheme derived by Krysiak (2010) in the latest DICE model and presents its implications for optimal climate policy. Furthermore, he carries out a one-factor-at-a-time (OFAT) sensitivity analysis to check the discounting scheme for robustness. It turns out that the proposed discounting scheme fails in incorporating consumer sovereignty and intergenerational equity sufficiently.

Details

Published by: Springer Gabler

Publication Date: 2015-12-03

Format: Paperback

ISBN-13: 9783658121334

DOI: 10.1007/978-3-658-12134-1

Dimensions: 210cm x148cm

Pages: 64