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A platform for research: civil engineering, architecture and urbanism
DICE Simplified
https://orcid.org/http://orcid.org/0000-0003-2781-3514
We analyze Nordhaus’ DICE model and show that the temperature and CO2 equations are needlessly complicated and can be simplified without loss of essence. In addition, we argue that the damage function can be altered in such a way that it lends itself to experiments involving extreme risk. We conclude that, within the philosophy of the DICE model, significant simplifications can be made which make the model more transparent, more robust, and easier to apply.
DICE Simplified
https://orcid.org/http://orcid.org/0000-0003-2781-3514
We analyze Nordhaus’ DICE model and show that the temperature and CO2 equations are needlessly complicated and can be simplified without loss of essence. In addition, we argue that the damage function can be altered in such a way that it lends itself to experiments involving extreme risk. We conclude that, within the philosophy of the DICE model, significant simplifications can be made which make the model more transparent, more robust, and easier to apply.
DICE Simplified
https://orcid.org/http://orcid.org/0000-0003-2781-3514
We analyze Nordhaus’ DICE model and show that the temperature and CO2 equations are needlessly complicated and can be simplified without loss of essence. In addition, we argue that the damage function can be altered in such a way that it lends itself to experiments involving extreme risk. We conclude that, within the philosophy of the DICE model, significant simplifications can be made which make the model more transparent, more robust, and easier to apply.
DICE Simplified
Environ Model Assess
Ikefuji, Masako (author) / Laeven, Roger J. A. (author) / Magnus, Jan R. (author) / Muris, Chris (author)
Environmental Modeling & Assessment ; 26 ; 1-12
2021-02-01
12 pages
Article (Journal)
Electronic Resource
English
| Online Contents | 2020
| Taylor & Francis Verlag | 2019
Dice thrown : Exhibited ... 1988
| TIBKAT | 1989