User:Vipul/DICE model
The Dynamic Integrated Climate-Economy model, referred to as the DICE model or Dice model, is a computer model proposed by William Nordhaus that attempts to model the interaction of the economy and the climate system in order to better predict how future climate change and the economic system will interact.[1]
History
The model appears to have first been proposed by economist William Nordhaus in a discussion paper for the Cowles Foundation in February 1992.[2] He also wrote a brief note outlining the main ideas in an article for Science in November 1992.[3] A subsequent revised model was published in Resource and Energy Economics in 1993.[4][5]
Nordhaus published an improved version of the model in the October 1994 book Managing the Global Commons: The Economics of Climate Change,[6] with the appendix containing a computer program that is freely available online.[7] Marian Radetzki reviewed the book for The Energy Journal.[8]
In 1998, Nordhaus published a revised version of the DICE model in multiple papers, one of which was coauthored with Joseph Boyer in order to understand the effects of the proposed Kyoto Protocol.[9][10]
In 1999, Nordhaus published computer programs to implement a revised version of the DICE
References
- ^ Newbold, Stephen (November 2010). "Summary of the DICE model" (PDF). Retrieved February 19, 2014.
- ^ Nordhaus, William (February 1992). "The "Dice" Model: Background and Structure of a Dynamic Integrated Climate-Economy Model of the Economics of Global Warming (Cowles Foundation discussion paper no. 1009)" (PDF). Retrieved February 19, 2014.
- ^ Nordhaus, William (November 20, 1992). "An Optimal Transition Path for Controlling Greenhouse Gases". Science. 258.
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(help) - ^ "Original DICE and RICE models". Retrieved February 19, 2014.
- ^ Nordhaus, William (1993). "Rolling the 'DICE': An Optimal Transition Path for Controlling Greenhouse Gases". 15.
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(help) - ^ Nordhaus, William (October 4, 1994). Managing the Global Commons: The Economics of Climate Change. MIT Press.
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(help) - ^ Nordhaus, William (October 4, 1994). "Appendix. Computer Program for DICE model". Retrieved February 19, 2014.
- ^ Radetzki, Marian (1995). "Managing the Global Commons: The Economics of Climate Change". Energy Journal. 16 (2). Retrieved February 19, 2014.
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(help) - ^ Nordhaus, William. "III. Research Papers Using revised DICE and RICE Models". Retrieved February 19, 2014.
- ^ Nordhaus, William; Boyer, Joseph (February 8, 1999). "Requiem for Kyoto: An Economic Analysis of the Kyoto Protocol" (PDF). Retrieved February 19, 2014.