Yongyang Cai

Ohio State University (OSU)

Associate Professor

Department of Agricultural, Environmental

and Development Economics

Columbus, OH 43210

United States

Center for Robust Decisionmaking on Climate & Energy Policy (RDCEP)

5735 S. Ellis Street

Chicago, IL 60637

United States

  • Ohio State University (OSU)

  • Center for Robust Decisionmaking on Climate & Energy Policy (RDCEP)

SCHOLARLY PAPERS

19

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2,626

TOTAL CITATIONS
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Top 14,970

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82

Scholarly Papers (19)

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1.

DSICE: A Dynamic Stochastic Integrated Model of Climate and Economy

RDCEP Working Paper No. 12-02
Number of pages: 34 Posted: 27 Jan 2012
Yongyang Cai, Kenneth L. Judd and Thomas S. Lontzek
Ohio State University (OSU), Stanford University - The Hoover Institution on War, Revolution and Peace and University of Zurich
Downloads 851 (62,262)
Citation 26

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numerical dynamic programming, value function iteration, tipping points, stochastic IAM

2.

Tipping Points in a Dynamic Stochastic IAM

RDCEP Working Paper No. 12-03
Number of pages: 18 Posted: 27 Jan 2012
Thomas S. Lontzek, Yongyang Cai and Kenneth L. Judd
University of Zurich, Ohio State University (OSU) and Stanford University - The Hoover Institution on War, Revolution and Peace
Downloads 294 (224,146)
Citation 8

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Climate change policy and uncertainty, discounting abrupt and irreversible climate change, tipping points, stochastic IAM

3.

Computational Methods in Environmental and Resource Economics

Downloads 249 (265,643)
Citation 7

Computational Methods in Environmental and Resource Economics

Number of pages: 50 Posted: 26 Nov 2018
Yongyang Cai
Ohio State University (OSU)
Downloads 249 (263,920)
Citation 7

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optimal control, dynamic programming, value function iteration, time iteration, robust decision making, real options, bilevel optimization, climate change

Computational Methods in Environmental and Resource Economics

Annual Review of Resource Economics, Vol. 11, Issue 1, pp. 59-82, 2019
Posted: 14 Oct 2019
Yongyang Cai
Ohio State University (OSU)

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4.

Dynamic Programming with Hermite Interpolation

RDCEP Working Paper No. 12-09
Number of pages: 28 Posted: 19 Jun 2012
Yongyang Cai and Kenneth L. Judd
Ohio State University (OSU) and Stanford University - The Hoover Institution on War, Revolution and Peace
Downloads 150 (422,853)
Citation 3

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Numerical dynamic programming, value function iteration, Hermite interpolation

5.

To Build or Not to Build? Capital Stocks and Climate Policy

Downloads 140 (447,072)
Citation 17

To Build or Not to Build? Capital Stocks and Climate Policy

CESifo Working Paper Series
Number of pages: 54 Posted: 07 Feb 2018
Elizabeth Baldwin, Yongyang Cai and Karlygash Kuralbayeva
University of Oxford - Department of Economics, Ohio State University (OSU) and King’s College London
Downloads 71 (721,655)
Citation 17

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Infrastructure, Clean and Dirty Energy Inputs, Renewable Energy, Stranded Assets, Carbon Budget, Climate Change Policies, Green Paradox

To Build or Not to Build? Capital Stocks and Climate Policy

CESifo Working Paper Series No. 6884
Number of pages: 56 Posted: 09 Apr 2018
Elizabeth Baldwin, Yongyang Cai and Karlygash Kuralbayeva
University of Oxford - Department of Economics, Ohio State University (OSU) and King’s College London
Downloads 69 (733,447)

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infrastructure, clean and dirty energy inputs, renewable energy, stranded assets, carbon budget, climate change policies, Green Paradox

6.

Model Uncertainty and Energy Technology Policy: The Example of Induced Technical Change

RDCEP Working Paper No. 14-01
Number of pages: 32 Posted: 18 Apr 2014
Yongyang Cai and Alan Sanstad
Ohio State University (OSU) and Lawrence Berkeley National Laboratory
Downloads 131 (471,790)

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Climate Policy, Carbon Tax, Technical Change, Model Uncertainty, Min-Max Regret, Robust Analysis

7.

Continuous-Time Methods for Integrated Assessment Models

Downloads 119 (511,797)
Citation 1

Continuous-Time Methods for Integrated Assessment Models

RDCEP Working Paper No. 12-10
Number of pages: 50 Posted: 19 Jun 2012
Yongyang Cai, Kenneth L. Judd and Thomas S. Lontzek
Ohio State University (OSU), Stanford University - The Hoover Institution on War, Revolution and Peace and University of Zurich
Downloads 83 (663,268)
Citation 1

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Integrated Assessment Model, continuous time DICE, climate change, finite difference method

Continuous-Time Methods for Integrated Assessment Models

NBER Working Paper No. w18365
Number of pages: 44 Posted: 08 Sep 2012 Last Revised: 08 Mar 2023
Yongyang Cai, Kenneth L. Judd and Thomas S. Lontzek
Ohio State University (OSU), Stanford University - The Hoover Institution on War, Revolution and Peace and University of Zurich
Downloads 36 (1,000,692)

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8.

Urbanization and Property Rights

World Bank Policy Research Working Paper No. 7486
Number of pages: 42 Posted: 20 Apr 2016
Yongyang Cai, Harris Selod and Jevgenijs Steinbuks
Ohio State University (OSU), National Institute for Agricultural Research (INRA) and World Bank - Development Research Group (DECRG)
Downloads 118 (511,797)
Citation 1

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Inequality, Peri-Urban Communities, Urban Partnerships & Poverty

9.

Modeling Uncertainty in Large Natural Resource Allocation Problems

World Bank Policy Research Working Paper No. 9159
Number of pages: 64 Posted: 21 Feb 2020 Last Revised: 22 Feb 2020
Yongyang Cai, Jevgenijs Steinbuks, Kenneth L. Judd, Jonas Jaegermeyr and Thomas W. Hertel
Ohio State University (OSU), World Bank - Development Research Group (DECRG), Stanford University - The Hoover Institution on War, Revolution and Peace, University of Chicago - Department of Computer Science and Purdue University - Center for Global Trade Analysis
Downloads 103 (566,444)
Citation 1

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10.

Numerical Solution of Dynamic Portfolio Optimization with Transaction Costs

NBER Working Paper No. w18709
Number of pages: 32 Posted: 18 Jan 2013 Last Revised: 13 Feb 2023
Yongyang Cai, Kenneth L. Judd and Rong Xu
Ohio State University (OSU), Stanford University - The Hoover Institution on War, Revolution and Peace and Stanford University - Department of Computer Science
Downloads 89 (623,094)
Citation 2

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11.

The Effect of Climate and Technological Uncertainty in Crop Yields on the Optimal Path of Global Land Use

World Bank Policy Research Working Paper No. 7009
Number of pages: 61 Posted: 20 Apr 2016
Yongyang Cai, Jevgenijs Steinbuks, Joshua Elliott and Thomas W. Hertel
Ohio State University (OSU), World Bank - Development Research Group (DECRG), University of Chicago and Purdue University - Center for Global Trade Analysis
Downloads 75 (688,972)

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Climate Change and Health, Forests and Forestry, Global Environment, Climate Change and Agriculture, Climate Change and Environment, Coastal and Marine Resources, Science of Climate Change, Forestry, Energy and Natural Resources

12.

Nonlinear Programming Method for Dynamic Programming

NBER Working Paper No. w19034
Number of pages: 21 Posted: 11 May 2013 Last Revised: 06 Jul 2023
Yongyang Cai, Kenneth L. Judd, Thomas S. Lontzek, Valentina Michelangeli and Che-Lin Su
Ohio State University (OSU), Stanford University - The Hoover Institution on War, Revolution and Peace, University of Zurich, Bank of Italy and University of Chicago - Booth School of Business
Downloads 59 (783,134)

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13.

Solving Dynamic Programming Problems on a Computational Grid

NBER Working Paper No. w18714
Number of pages: 26 Posted: 18 Jan 2013 Last Revised: 19 Feb 2023
Yongyang Cai, Kenneth L. Judd, Greg Thain and Stephen Wright
Ohio State University (OSU), Stanford University - The Hoover Institution on War, Revolution and Peace, University of Wisconsin-Madison and University of Wisconsin-Madison
Downloads 55 (811,047)
Citation 4

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14.

The Social Cost of Stochastic and Irreversible Climate Change

NBER Working Paper No. w18704
Number of pages: 39 Posted: 18 Jan 2013 Last Revised: 09 Feb 2023
Yongyang Cai, Kenneth L. Judd and Thomas S. Lontzek
Ohio State University (OSU), Stanford University - The Hoover Institution on War, Revolution and Peace and University of Zurich
Downloads 45 (890,480)
Citation 3

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15.

Climate Policy Under Cooperation and Competition between Regions with Spatial Heat Transport

NBER Working Paper No. w24473
Number of pages: 60 Posted: 02 Apr 2018 Last Revised: 15 May 2023
Yongyang Cai, William A. Brock, Anastasios Xepapadeas and Kenneth L. Judd
Ohio State University (OSU), University of Wisconsin, Madison - Department of Economics, Athens University of Economics and Business and Stanford University - The Hoover Institution on War, Revolution and Peace
Downloads 40 (936,077)
Citation 1

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16.

A Nonlinear Certainty Equivalent Approximation Method for Dynamic Stochastic Problems

NBER Working Paper No. w21590
Number of pages: 63 Posted: 28 Sep 2015 Last Revised: 30 Jun 2023
Yongyang Cai, Kenneth L. Judd and Jevgenijs Steinbuks
Ohio State University (OSU), Stanford University - The Hoover Institution on War, Revolution and Peace and World Bank - Development Research Group (DECRG)
Downloads 36 (975,520)
Citation 2

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17.

Dynamic Programming with Hermite Approximation

NBER Working Paper No. w18540
Number of pages: 31 Posted: 20 Nov 2012 Last Revised: 27 Feb 2023
Yongyang Cai and Kenneth L. Judd
Ohio State University (OSU) and Stanford University - The Hoover Institution on War, Revolution and Peace
Downloads 30 (1,039,380)
Citation 2

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18.

Dynamics of Global Emission Permit Prices and Regional Social Cost of Carbon Under Noncooperation

Number of pages: 62 Posted: 17 Apr 2024
Yongyang Cai, Khyati Malik and Hyeseon Shin
Ohio State University (OSU), affiliation not provided to SSRN and Ohio State University (OSU) - Department of Agricultural, Environmental & Development Economics
Downloads 27 (1,074,007)

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Emission trading system, Paris Agreement, dynamic Nash equilibrium, integrated assessment model, carbon tax, social cost of carbon

19.

A Simple But Powerful Simulated Certainty Equivalent Approximation Method for Dynamic Stochastic Problems

NBER Working Paper No. w28502
Number of pages: 45 Posted: 01 Mar 2021 Last Revised: 19 May 2023
Yongyang Cai and Kenneth L. Judd
Ohio State University (OSU) and Stanford University - The Hoover Institution on War, Revolution and Peace
Downloads 15 (1,220,515)
Citation 4

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