Uncertainty about future economic and climate conditions substantially affects the choice of
policies for managing interactions between the climate and the economy. We develop a …

Perhaps the most 'dangerous' aspect of future climate change is the possibility that human
activities will push parts of the climate system past tipping points, leading to irreversible …

This review focuses on the assessment and economic valuation of ecosystem services from
forest ecosystems—that is, our ability to predict changes in the quantity and value of …

Computational methods are required to solve problems without closed-form solutions in
environmental and resource economics. Efficiency, stability, and accuracy are key elements …

To analyse climate change mitigation strategies, economists rely on simplified climate
models—so-called climate emulators—that provide a realistic quantitative link between CO …

We introduce a version of the DICE-2007 model designed for uncertainty analysis. DICE is a
wide-spread deterministic integrated assessment model of climate change. Climate change …

There is great uncertainty about the impact of anthropogenic carbon on future economic
wellbeing. We use DSICE, a DSGE extension of the DICE2007 model of William Nordhaus …

Carbon taxation is mostly studied in social planner or infinitely lived‐agent models, which
obscure carbon taxation's potential to produce a generational win win. This article's large …

This paper presents a dynamic stochastic general equilibrium (DSGE) model of
environmental policy for a two-country economy and studies the international transmission …

There is much discussion in the literature about the resources society should commit to
ameliorate the effects of climate change. The optimal greenhouse gas abatement strategy …