Profile TabsProfileYongyang CaiAssociate Professorcai.email@example.com://sites.google.com/site/yycai01/614-688-2654Office: 326 Ag Admin Building2120 Fyffe Road Columbus, OH 43210Professional InformationDegrees & Credentials: PhD, Computational and Mathematical Engineering, Stanford University, 2010MS, Financial Mathematics, Stanford University, 2008Biography: Yongyang Cai is a computational and environmental economist. His current research focuses on dynamic and stochastic integration of climate and economics. He has published peer-reviewed papers in a variety of academic journals, including Journal of Political Economy, Journal of the European Economic Association, Quantitative Economics, Nature Climate Change, Proceedings of the National Academy of Sciences, and Operations Research. He is a co-investigator on several research projects funded by the National Science Foundation and USDA-NIFA. Prior to joining OSU, Cai was a Senior Research Scientist at the Becker Friedman Institute and the Center for Robust Decision Making on Climate and Energy Policy at the University of Chicago, as well as a Visiting Fellow at the Hoover Institution at Stanford University. Access Cai's recent working paper released on the National Bureau of Economic Research's site. View a recent presentation on Cai's Research. Documents: Cai_CV.pdf Works - Any -Journal articleBook/book chapterReportWorking paperPolicy briefConference presentationData Climate Policy Under Cooperation and Competition Between Regions S WITH SPATIAL HEAT TRANSPORT Date published: Apr 16 2018 Publication type: Working paper Our Author(s): Yongyang Cai We build a novel stochastic dynamic regional integrated assessment model (IAM) of the climate and economic system including a number of important climate science elements that are missing in most IAMs. These elements are spatial heat transport from the Equator to the Poles, sea level rise, permafrost thaw and tipping points. We study optimal policies under cooperation and various degrees of competition between regions. Our results suggest that when the elements of climate science which are accounted for in this paper are ignored, important policy variables such as the social cost of carbon and adaptation could be seriously biased. Download File AEDE Faculty Publications Date published: Jun 15 2017 Publication type: Journal article Our Author(s): Leah E.M. Bevis, Yongyang Cai, Joyce J. Chen, Ph.D., Jon Einar Flatnes, Ph.D., Sathya Gopalakrishnan, Tim Haab, Elena Irwin, H. Allen Klaiber, Dave Kraybill, Mario Javier Miranda, Mark Partridge, Zoë Plakias, Brian E. Roe, Abdoul Sam, Ian Sheldon, Brent Sohngen, Stan Thompson, Ani Katchova See recent AEDE Faculty publications, working papers, conferences, book chapters and books listed in RePec.