Hatase, Kazushi; Managi, Shunsuke - In: Environmental economics and policy studies 17 (2015) 2, pp. 241-262
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...