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About this book
Contents
Biography
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About this book
Provides a detailed analysis of the DICE model (Dynamic Integrated model of Climate and the Economy), as well as an extensive analysis of the model's result. It is hoped it will serve as a useful tool for estimating the costs and benefits of different paths for slowing climate change and for analyzing the impact of control strategies over time.
Contents
Part 1 Modelling the economics of climate change: the structure and derivation of the DICE model; macrogeophysics - derivation oof the climate and carbon-cycle equations; geoeconomics - energy, emissions and the economic impact of climate change. Part 2 Model results: analysis of policies to slow global warming. Part 3 Risk and uncertainty in policy toward climate change: sensitivity analysis of the DICE model; formal sensitivity analysis - estimation of uncertainty in climate change; decision analysis and the value of information.
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Biography
William D. Nordhaus is Sterling Professor of Economics at Yale University.
