From d2f87469f6f08a6cb9929b0bcb5f2863de97b84c Mon Sep 17 00:00:00 2001 From: Kelly McCusker Date: Fri, 5 Apr 2024 16:30:00 -0700 Subject: [PATCH] very beginning of updating README.md the README needs an overhaul. initial commit corrects obvious out-of-date info --- README.md | 14 +++++++------- 1 file changed, 7 insertions(+), 7 deletions(-) diff --git a/README.md b/README.md index a9289dd6..0a0fb8c5 100644 --- a/README.md +++ b/README.md @@ -5,10 +5,10 @@ # DSCIM: The Data-driven Spatial Climate Impact Model -This Python library enables the calculation of sector-specific partial social cost of greenhouse gases (SC-GHG) and SCGHGs that are combined across sectors using a variety of valuation methods and assumptions. The main purpose of this +This Python library enables the calculation of sector-specific partial social cost of greenhouse gases (SC-GHG) and SC-GHGs that are combined across sectors using a variety of valuation methods and assumptions. The main purpose of this library is to parse the monetized spatial damages from different sectors and integrate them using different options ("menu options") that encompass different decisions, such as -discount levels, discount strategies, and different considerations related to +discount levels, discount strategies, and different considerations related to valuing economic and climate uncertainty. ## Installation @@ -63,10 +63,10 @@ SubGraph1Flow(Storage and I/O) end subgraph "Recipe Book" - A[StackedDamages] --> B[MainMenu] - B[MainMenu] --> C[AddingUpRecipe]; - B[MainMenu] --> D[RiskAversionRecipe]; - B[MainMenu] --> E[EquityRecipe] + A[StackedDamages] --> B[MainRecipe] + B[MainRecipe] --> C[Baseline]; + B[MainRecipe] --> D[RiskAversionRecipe]; + B[MainRecipe] --> E[EquityRecipe] end ``` @@ -84,7 +84,7 @@ Class | Function and these elements can be used for the menu options: - - `AddingUpRecipe`: Adding up all damages and collapse them to calculate a general SCC without valuing uncertainty. + - `Baseline`: Adding up all damages and collapse them to calculate SC-GHGs without valuing climate or economic uncertainty. - `RiskAversionRecipe`: Add risk aversion certainty equivalent to consumption calculations - Value uncertainty over econometric and climate draws. - `EquityRecipe`: Add risk aversion and equity to the consumption calculations. Equity includes taking a certainty equivalent over spatial impact regions.