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Climate Policy Under Intergenerational Discounting

An Application of the Dynamic Integrated Climate-Economy Model

Climate Policy Under Intergenerational Discounting by Jonathan Orlando Zaddach
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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.
Springer Fachmedien Wiesbaden; November 2015
67 pages; ISBN 9783658121341
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Title: Climate Policy Under Intergenerational Discounting
Author: Jonathan Orlando Zaddach
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