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Warming the World - Economic Models of Global Warming (Paperback, Revised)
Loot Price: R1,283
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Warming the World - Economic Models of Global Warming (Paperback, Revised)
Series: The MIT Press
Expected to ship within 10 - 15 working days
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This book presents in detail a pair of models of the economics of
climate change. The models, called RICE-99 (for the Regional
Dynamic Integrated model of Climate and the Economy) and DICE-99
(for the Dynamic Integrated Model of Climate and the Economy) build
on the authors' earlier work, particularly their RICE and DICE
models of the early 1990s. Humanity is risking the health of the
natural environment through a myriad of interventions, including
the atmospheric emission of trace gases such as carbon dioxide, the
use of ozone-depleting chemicals, the engineering of massive
land-use changes, and the destruction of the habitats of many
species. It is imperative that we learn to protect our common
geophysical and biological resources. Although scientists have
studied greenhouse warming for decades, it is only recently that
society has begun to consider the economic, political, and
institutional aspects of environmental intervention. To do so
raises formidable challenges of data modeling, uncertainty,
international coordination, and institutional design. Attempts to
deal with complex scientific and economic issues have increasingly
involved the use of models to help analysts and decision makers
understand likely future outcomes as well as the implications of
alternative policies. This book presents in detail a pair of models
of the economics of climate change. The models, called RICE-99 (for
the Regional Dynamic Integrated model of Climate and the Economy)
and DICE-99 (for the Dynamic Integrated Model of Climate and the
Economy) build on the authors' earlier work, particularly their
RICE and DICE models of the early 1990s. They can help policy
makers design better economic and environmental policies.
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