Modeling Damage Scenarios: An Analysis of How Damage Function Specification Affects the Optimal Carbon Price.

Takasugi, Andrew R.


  • My project is an analysis of the ways in which modifying damage function specification affects integrated assessment model output. My main concern is the effect on the carbon price, an estimate of the marginal social cost of carbon, which measures the sum of the market and externality costs associated with carbon usage. The level of the carbon price has important implications for policy makers ... read more
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