Climate Policy Under Intergenerational Discounting An Application of the Dynamic Integrated Climate-Economy Model
Description
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.
Keywords
Political SciencePublic PolicyEconomic PolicyBusiness & EconomicsEconomics
2015Book
Author(s)Jonathan Orlando Zaddach
PublisherSpringer Fachmedien Wiesbaden
ISBN9783658121334
LanguageEnglish
