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Climate Policy Under Intergenerational Discounting
An Application Of The Dynamic Integrated Climate-economy Model
- Editore:
Gabler, Betriebswirt.-Vlg
- Collana:
- BestMasters
- EAN:
9783658121334
- ISBN:
3658121335
- Pagine:
- 64
- Formato:
- Paperback
- Lingua:
- Tedesco
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Descrizione Climate Policy Under Intergenerational Discounting
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.
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