"In the mid-1990s, [Nordhaus] became the first person to create an integrated assessment model, i.e. a quantitative model that describes the global interplay between the economy and the climate. His model integrates theories and empirical results from physics, chemistry and economics. Nordhaus’ model is now widely spread and is used to simulate how the economy and the climate co-evolve."
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Academics from the United StatesJews from the United StatesEconomists from the United StatesNobel laureates in EconomicsPeople from Albuquerque
Original Language: English
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Press release announcing the two winners of the Nobel Memorial Prize in Economics for 2018 Royal Swedish Academy of Sciences. October 8, 2018.
https://en.wikiquote.org/wiki/William_Nordhaus
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William Nordhaus
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