This study examines the mechanisms of social cost of carbon (SCC) and marginal abatement cost (MAC) in climate change modeling. To examine these mechanisms, we observed the shifts in the marginal benefit (MB) and marginal cost (MC) curves of carbon dioxide (CO<Subscript>2</Subscript>) abatement when parameter values...</subscript>

Adaptation to climate change has become an important policy question in recent years. Agriculture is the economic activity most sensitive to climate change. We evaluate the dynamic effects of productivity change and individual efforts to adapt to climate change. Adaptation actions in agriculture...

This study examines the mechanisms of social cost of carbon (SCC) and marginal abatement cost (MAC) in climate change modeling. To examine this mechanisms, we observed the shifts in the marginal benefit (MB) and marginal cost (MC) curves of carbon dioxide (CO2) abatement when parameter values...