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DICE is an integrated assessment model that projects future increases in global mean temperature (GMT), the economic costs of damages caused by climate change and the economic costs of mitigation policies. The CoLab uses a response surface based on the function in DICE that estimates future damages caused by climate change.

Further information
William Nordhaus. 2008. A Question of Balance, chapter 3 and Appendix. New Yaven: Yale University Press.

William Nordhaus and Joseph Boyer. 2000. Warming the World: Economic Models of Global Warming, chapter 4. Cambridge, Massachusetts: MIT Press.