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  1. Working Paper

    Working Paper Series

    Modeling Myths: On the Need for Dynamic Realism in DICE and other Equilibrium Models of Global Climate Mitigation

    By Michael Grubb and Claudia Wieners

    Feb 2020

    We conclude that representing dynamic realism in such models is as important as – and far more empirically tractable than – continued debate about the monetization of climate damages and ‘social cost of carbon’.