The most widely used integrated assessment model for studying the economics of climate change is the dynamic/regional integrated model of climate and economy (DICE/RICE). In this document, we first represent the RICE-2011 model as a dynamic game, termed the RICE game. Then, both cooperative and non-cooperative solutions to the RICE game are considered. Next, a description of how to use the repository RICE-GAME on GitHub is provided. The repository RICE-GAME is a Matlab and CasADi-based implementation of the RICE game and its cooperative and non-cooperative solutions.
Cite
@article{arxiv.2211.07750,
title = {A Matlab and CasADi-based Implementation of RICE Dynamic Game},
author = {Yijun Chen and Guodong Shi},
journal= {arXiv preprint arXiv:2211.07750},
year = {2022}
}