MPC-DICE: An open-source Matlab implementation of receding horizon solutions to DICE

摘要

The most widely used integrated assessment model for studying the economics of climate change is the Dynamic Integrated model of Climate and Economy (DICE). DICE is a nonlinear, time-varying discrete-time system whereby important quantities are calculated by solving an associated optimal control problem. Here, we describe an open-source Matlab implementation of the DICE model which uses Model Predictive Control (MPC) to approximately solve the DICE optimal control problem.