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Warming the World

Economic Models of Global Warming

William D. Nordhaus Joseph Boyer

$85

Paperback

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English
MIT Press
11 August 2003
Series: The MIT Press
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.
By:   ,
Imprint:   MIT Press
Country of Publication:   United States
Edition:   New edition
Dimensions:   Height: 229mm,  Width: 152mm,  Spine: 15mm
Weight:   431g
ISBN:   9780262640541
ISBN 10:   0262640546
Series:   The MIT Press
Pages:   244
Publication Date:  
Recommended Age:   From 18 years
Audience:   College/higher education ,  A / AS level ,  Further / Higher Education
Format:   Paperback
Publisher's Status:   Active

William D. Nordhaus is Sterling Professor of Economics at Yale University. Joseph Boyer is an Associate in Research at Yale University.

Reviews for Warming the World: Economic Models of Global Warming

Warming the World should be required reading for policy makers, politicians, environmentalists, and the concerned public. -Thomas Gale Moore, Journal of Political Economy


  • Winner of <PrizeName>William D. Nordhaus is one of the 2018 Nobel Prize winners in Economic Sciences for his work on the long-term interaction of climate change and the economy.</PrizeName> 2018
  • Winner of William D. Nordhaus is one of the 2018 Nobel Prize winners in Economic Sciences for his work on the long-term interaction of climate change and the economy.</PrizeName> 2018

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