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Attainability Analysis of the DICE Model

Authors: Smirnov A

Publication Year: 2005

Reference: IIASA Interim Report IR-05-049

Abstract

The paper is devoted to a development of a method for constructing attainability domains for the DICE model of the economics of global warming. Such domains allow one to observe all possible states of the model, to compare different strategies, and to perform sensitivity and uncertainty analysis. All these make attainability domains an efficient tool for the evaluation of different strategies from the viewpoint of their rationality.