An oracle method to couple climate and economic dynamics

Beltran, Cesar; Drouet, Laurent; Edwards, Neil; Haurie, Alain; Vial, Jean-Philippe; Zachary, Daniel (2005). An oracle method to couple climate and economic dynamics. In: Haurie, Alain; Viguier, Laurent (eds.) The Coupling of Climate and Economic Dynamics. Advances in Global Change Research: Vol. 22 (pp. 69-95). Springer 10.1007/1-4020-3425-3_3

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This paper deals with an oracle method to couple economic and climate models. The approach permits a dialogue between two models pertaining to two different scientific domains, the climate module being a fully-coupled ocean-atmosphere-sea ice model, whereas the economic module is an adaptation of the neo-classical optimal economic growth paradigm. The paper explains how the Analytic Center Cutting Plane Method (ACCPM) is implemented to integrate in the optimal economic growth model a constraint on climate change that is computed from the climate model runs. Several experiments show the usefulness of the approach to build new types of integrated assessment meta-models.

Item Type:	Book Section (Book Chapter)
Division/Institute:	08 Faculty of Science > Physics Institute > Climate and Environmental Physics
Subjects:	500 Science > 530 Physics
ISSN:	1574-0919
ISBN:	978-1-4020-3424-4
Series:	Advances in Global Change Research
Publisher:	Springer
Language:	English
Submitter:	BORIS Import 2
Date Deposited:	12 Jul 2022 11:08
Last Modified:	12 Jul 2022 11:08
Publisher DOI:	10.1007/1-4020-3425-3_3
URI:	https://boris.unibe.ch/id/eprint/160960