"RICE model" redirects here. For the radio propagation model, see Longley-Rice model.
The Dynamic Integrated Climate-Economy model, referred to as the DICE model or Dice model, is a neoclassical integrated assessment model developed by 2018 Nobel Laureate William Nordhaus that integrates in the neoclassical economics, carbon cycle, climate science, and estimated impacts allowing the weighing of subjectively guessed costs and subjectively guessed benefits of taking steps to slow climate change. Nordhaus also developed the RICE model (Regional Integrated Climate-Economy model), a variant of the DICE model that was updated and developed alongside the DICE model.[1][2][3][4] Researchers who collaborated with Nordhaus to develop the model include David Popp, Zili Yang, and Joseph Boyer.[2]
The DICE model is one of the three main integrated assessment models used by the United States Environmental Protection Agency, and it provides estimates intermediate between the other two models.[4][5]
^Newbold, Stephen (November 2010). "Summary of the DICE model" (PDF). Retrieved February 19, 2014.
^ abNordhaus, William (October 2017). "DICE/RICE models - William Nordhaus - Yale Economics". Archived from the original on July 11, 2019. Retrieved October 11, 2018.
^Nordhaus, William; Boyer, Joseph (October 1999). "Summary of Roll the DICE Again: The Economics of Global Warming". Archived from the original on September 17, 2015. Retrieved February 19, 2014.
^ ab"Dynamic Integrated Climate Economy model (DICE)". Environmental Protection Agency, United States. Retrieved February 19, 2014.
^Cite error: The named reference heritage was invoked but never defined (see the help page).
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