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 first chapter as well as an appendix containing a computer program both freely available online.[7][8] Marian Radetzki reviewed the book for The Energy Journal.[9]
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.[10][11]
In 1999, Nordhaus published computer programs and spreadsheets implementing a revised version of the DICE model as well as a variant called the RICE model (RICE stands for Regional Integrated Climate-Economics, signifying that the modeling of economics and climate are being done only for a particular region rather than the whole world).[12][13]
In 2000, Nordhaus and Boyer co-authored a book published by MIT Press titled Warming the World: Economic Models of Global Warming. This is the most up-to-date book-length treatment of the DICE and RICE models.[14]
In 2001, Nordhaus published revised spreadsheets for the RICE model.[15]
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" (PDF). Science. 258. Retrieved February 19, 2014.
{{cite journal}}: Italic or bold markup not allowed in:|journal=(help) - ^ Nordhaus, William. "Original DICE and RICE models". Retrieved February 19, 2014.
- ^ Nordhaus, William (1993). "Rolling the 'DICE': An Optimal Transition Path for Controlling Greenhouse Gases". 15.
{{cite journal}}:|access-date=requires|url=(help); Cite journal requires|journal=(help) - ^ Nordhaus, William (October 4, 1994). Managing the Global Commons: The Economics of Climate Change. MIT Press.
{{cite book}}:|access-date=requires|url=(help) - ^ Nordhaus, William (October 4, 1994). "Appendix. Computer Program for DICE model". Retrieved February 19, 2014.
- ^ Nordhaus, William. "Chapter 1 (Managing the Global Commons". Retrieved February 19, 2014.
- ^ Radetzki, Marian (1995). "Managing the Global Commons: The Economics of Climate Change". Energy Journal. 16 (2). Retrieved February 19, 2014.
{{cite journal}}: Italic or bold markup not allowed in:|journal=(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.
- ^ Nordhaus, William. "GAMS Computer Programs for RICE-99". Retrieved February 19, 2014.
- ^ Nordhaus, William. "Spreadsheet Versions of DICE-99 and RICE-99 models". Retrieved February 19, 2014.
- ^ Nordhaus, William; Boyer, Joseph (August 21, 2000). Warming the World: Economic Models of Global Warming (hardcover). MIT Press. Retrieved February 19, 2014.
- ^ Nordhaus, William. "Spreadsheet Version of RICE-2001 Model Used for Science Article". Retrieved February 19, 2014.