Nordhaus, the Nobel Prize Winner Who Made Economists Understand the Climate
, by Fabio Todesco
A video commentary by Valentina Bosetti, Professor of Climate Change Economics and coauthor of the Nobel laureate
Valentina Bosetti, Full Professor of Climate Change Economics at Bocconi and co-author of the Nobel Prize winner William Nordhaus in an article forthcoming in the Journal of the Association of Environmental and Resource Economists, explains why the Yale professor has been awarded. (CLICK here to watch the video)
«He was the first to introduce climate variables into economic models, highlighting the influence of the economy on the climate and that of the climate on economic growth», says Prof. Bosetti. «He triggered dialogue between different scientific communities and, following the dictates of open science, created an open source model, which every scholar can download from his website, test and develop».
The Nobel Prize to William Nordhaus
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