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Climate Policy Under Intergenerational Discounting

An Application of the Dynamic Integrated Climate-Economy Model

  • Book
  • © 2016

Overview

Authors:
  1. Jonathan Orlando Zaddach

    1. Lehrstuhl Volkswirtschaftslehre, FAU Universität Erlangen-Nürnberg, Nürnberg, Germany

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  • Publication in the field of economic sciences
  • New articles in social sciences
  • Includes supplementary material: sn.pub/extras

Part of the book series: BestMasters (BEST)

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Table of contents (6 chapters)

  1. Front Matter

    Pages I-VII
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  2. Introduction

    • Jonathan Orlando Zaddach
    Pages 1-3

  3. DICE-2013R and Other Integrated Assessment Models

    • Jonathan Orlando Zaddach
    Pages 5-9

  4. Consumer Sovereignty vs. Intergenerational Equity: An Overview of the Stern-Nordhaus Debate

    • Jonathan Orlando Zaddach
    Pages 11-16

  5. Intergenerational Discounting and Overlapping Generations Models

    • Jonathan Orlando Zaddach
    Pages 17-19

  6. Intergenerational Discounting in the DICE Model

    • Jonathan Orlando Zaddach
    Pages 21-36

  7. Conclusions

    • Jonathan Orlando Zaddach
    Pages 37-38

  8. Back Matter

    Pages 39-64
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Keywords

About this book

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.

Authors and Affiliations

  • Lehrstuhl Volkswirtschaftslehre, FAU Universität Erlangen-Nürnberg, Nürnberg, Germany

    Jonathan Orlando Zaddach

About the author

Jonathan Orlando Zaddach studied economics at the Albert-Ludwigs-University of Freiburg and wrote his master thesis at the Department for International Economic Policy under the supervision of Prof. Dr. Günther G. Schulze. His second supervisor was Prof. Dr. Frank C. Krysiak from the University of Basel. Currently he is working on his PhD thesis at the Chair of Public Finance, Friedrich-Alexander-University Erlangen-Nürnberg.

Bibliographic Information

  • Book Title: Climate Policy Under Intergenerational Discounting

  • Book Subtitle: An Application of the Dynamic Integrated Climate-Economy Model

  • Authors: Jonathan Orlando Zaddach

  • Series Title: BestMasters

  • DOI: https://doi.org/10.1007/978-3-658-12134-1

  • Publisher: Springer Gabler Wiesbaden

  • eBook Packages: Economics and Finance, Economics and Finance (R0)

  • Copyright Information: Springer Fachmedien Wiesbaden 2016

  • Softcover ISBN: 978-3-658-12133-4Published: 03 December 2015

  • eBook ISBN: 978-3-658-12134-1Published: 26 November 2015

  • Series ISSN: 2625-3577

  • Series E-ISSN: 2625-3615

  • Edition Number: 1

  • Number of Pages: VII, 64

  • Number of Illustrations: 17 b/w illustrations

  • Topics: Economic Policy

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