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Climate Policy Under Intergenerational Discounting

Climate Policy Under Intergenerational Discounting

Brand
Springer Nature
Manufacturer
N/A
Part Number
0
GTIN
9783658121334
Condition
New
Product Description

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.

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