Module net.finmath.lib

Package net.finmath.climate.models.dice.submodels

Class AbatementCostFunction

java.lang.Object

net.finmath.climate.models.dice.submodels.AbatementCostFunction

All Implemented Interfaces:

BiFunction<Double,Double,Double>

public class AbatementCostFunction
extends Object
implements BiFunction<Double,Double,Double>

The function that maps (relative) abatement coefficient to (relative) cost. Function of (time, abatement) Note: Sigma factor is missing here (moved to the outside)

Author:

Christian Fries

Constructor Summary

Constructors

Constructor	Description
AbatementCostFunction()
AbatementCostFunction(double backstopPriceInitial, double backstopRate, double abatementExponent)

Method Summary

Modifier and Type	Method	Description
Double	apply(Double time, Double abatement)

Methods inherited from class java.lang.Object

clone, equals, finalize, getClass, hashCode, notify, notifyAll, toString, wait, wait, wait

Methods inherited from interface java.util.function.BiFunction

andThen

Constructor Details

AbatementCostFunction

public AbatementCostFunction(double backstopPriceInitial,
 double backstopRate,
 double abatementExponent)

Parameters:

backstopPriceInitial - USD per ton CO2 to abate 100%

backstopRate - Annual rate by which the price declines.

abatementExponent - Exponent for mu.

AbatementCostFunction

public AbatementCostFunction()

Method Details

apply

public Double apply(Double time,
 Double abatement)

Specified by:

apply in interface BiFunction<Double,Double,Double>