19883 6 106968 2 324288 document 106968 10.3934_environsci.2024024.pdf application/pdf c520c9c791f5c7154659c84a60849c77 MD5 645335 2024-07-15 09:47:05 https://pure.iiasa.ac.at/id/eprint/19883/1/10.3934_environsci.2024024.pdf 19883 1 1 application/pdf text en public cc_by_4
10.3934_environsci.2024024.pdf
published 106980 1 324316 document 106980 indexcodes.txt text/x-c d5ff7bcde628e444a773687374e0e602 MD5 10080 2024-07-15 09:56:37 https://pure.iiasa.ac.at/id/eprint/19883/2/indexcodes.txt 19883 2 2 text/x-c other Generate index codes conversion from text to indexcodes en public
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http://eprints.org/relation/isVersionOf https://pure.iiasa.ac.at/id/document/106968 http://eprints.org/relation/isVolatileVersionOf https://pure.iiasa.ac.at/id/document/106968 http://eprints.org/relation/ismediumThumbnailVersionOf https://pure.iiasa.ac.at/id/document/106968 106984 2 324320 document 106984 small.jpg image/png 8cdf1d123d249b1d5a7eb5f5fccecf9c MD5 1696 2024-07-15 09:57:31 https://pure.iiasa.ac.at/id/eprint/19883/6/small.jpg 19883 6 6 image/png other Thumbnails conversion from text to thumbnail_small en public
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http://eprints.org/relation/isVersionOf https://pure.iiasa.ac.at/id/document/106968 http://eprints.org/relation/isVolatileVersionOf https://pure.iiasa.ac.at/id/document/106968 http://eprints.org/relation/issmallThumbnailVersionOf https://pure.iiasa.ac.at/id/document/106968 archive 353 disk0/00/01/98/83 2024-07-15 09:48:56 2024-07-15 09:48:56 2024-07-15 09:48:56 article show Braun P. Faulwasser T. Grüne L. Kellett C.M. Semmler W. 8946 Weller S.R. On the social cost of carbon and discounting in the DICE model pub EF economics of climate change, DICE, optimal control, social cost of carbon, sensitivity analysis The social cost of carbon (SCC) has emerged as one of the relevant measures in integrated assessment models in climate economics, to quantify costs related to global warming and climate change. While the SCC is used in different models, including DICE (Dynamic Integrated model of Climate and Economy), PAGE (Policy Analysis of the Greenhouse Effect), and FUND (Climate Framework for Uncertainty, Negotiation, and Distribution), its exact definition and computation depend on the reference and, frequently lacking consistency within research streams whether focusing on a single model or on different models. In this study, we investigated three different methods for the computation of the SCC using the integrated assessment model DICE. While the first two methods are commonly known and used, the novel formula derived for the third method allows a direct analysis of the impact of the discount factor in the calculation of the SCC. We provide a detailed proof for the correctness of the third method and validate the consistency of all three methods by numerical experiments. 2024-06-25 published doi:10.3934/environsci.2024024 2863 public AIMS Environmental Science 11 3 471-495 TRUE 2372-0352 no info:eu-repo/semantics/article