Print Email Facebook Twitter When DICE meets the dice Title When DICE meets the dice: Integrated Economic and Climate Assessment under Uncertainty Author de Raad, Brendon (TU Delft Applied Sciences; TU Delft Economics of Technology and Innovation) Contributor Storm, S.T.H. (mentor) de Weerdt, M.M. (graduation committee) Morales-Espana, G. (graduation committee) van Beers, Cees (mentor) Degree granting institution Delft University of Technology Programme Electrical Engineering | Sustainable Energy Technology Date 2017-08-29 Abstract With the decision made to act upon climate change, the remaining question is: "How?". Economic theory suggests that the most efficient method is by means of market-based policies. These policies are often designed based on Integrated Assessment Models like DICE, which is the subject of this thesis. Integrating uncertainty into this model has been the aim of the thesis. The stochastic version of DICE, EICE, showed to be sensitive to the distribution of climate uncertainty, but results were less explicit then expected. Overall, the conclusion is that both modest and more strict mitigation policies can be justified based on EICE. Subject DICEStochastic Dynamic ProgrammingLevels of uncertaintyDismal theorem To reference this document use: http://resolver.tudelft.nl/uuid:703806c1-eb2e-425d-bf41-fcbe6d194d05 Part of collection Student theses Document type master thesis Rights © 2017 Brendon de Raad Files PDF Thesis_BW_de_Raad_4117247 ... _FINAL.pdf 1.9 MB Close viewer /islandora/object/uuid:703806c1-eb2e-425d-bf41-fcbe6d194d05/datastream/OBJ/view