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A 4-stated DICE: quantitatively addressing uncertainty effects in climate change

Ttraeger, Christian - Department of Agricultural and Resource Economics, … - 2012

We introduce a version of the DICE-2007 model designed for uncertainty analysis. DICE is a wide-spread deterministic … four stated recursive dynamic programming implementation of the DICE model. Our implementation solves the infinite planning … (discretely and inductively defined) processes in DICE and present a Bellman equation for DICE that disentangles risk attitude …

Persistent link: https://www.econbiz.de/10010681147

Selective reporting and the social cost of carbon

Havranek, Tomas; Irsova, Zuzana; Janda, Karel; … - Department of Agricultural and Resource Economics, … - 2014

We examine potential selective reporting in the literature on the social cost of carbon (SCC) by conducting a meta-analysis of 809 estimates of the SCC reported in 101 studies. Our results indicate that estimates for which the 95% confidence interval includes zero are less likely to be reported...

Persistent link: https://www.econbiz.de/10010928921