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Intersection of Climate Change Integrated Assessment and Game Theory Methodologies
Published: December 08, 2008
Posted: January 27, 2009

In the recently published book, Strategic Bargaining and Cooperation in Greenhouse Gas Mitigations, DOE sponsored researcher Zili Yang (SUNY Binghamton) incorporates various game-theoretic solution concepts into a well-known integrated assessment model of climate change, the RICE model (developed by William D. Nordhaus and Yang). Yang compares the results of both game-theoretic and conventional solutions of the RICE model. Supported through extensive numerical analysis, Yang demonstrates that this new coupled modeling approach provides deeper and more meaningful insight into decision strategies and human and institutional behaviors that may ultimately govern domestic and international negotiations on mitigation strategies and stabilization levels. It provides the added advantage of linking these behaviors and possible negotiating outcomes to climate change consequences as they unfold over time. 

Reference: Strategic Bargaining and Cooperation in Greenhouse Gas Mitigations: An Integrated Assessment Modeling Approach, Zili Yang, The MIT Press, November 2008

Contact: Bob Vallario, SC 23.1, (301) 903-5758
Topic Areas:

  • Research Area: Multisector Dynamics (formerly Integrated Assessment)

Division: SC-33.1 Earth and Environmental Sciences Division, BER

 

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