William Nordhaus, Nobel-winning climate economist, dies at 85

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Nordhaus, Sterling Professor of Economics, Emeritus, whose influential work as an economist transformed a field and who won the 2018 Nobel Prize in Economics for his pioneering work on the economics of climate change, died on Oct. 30 following a battle with glioblastoma, an aggressive brain cancer. Nordhaus is best known, however, for receiving the 2018 Nobel Prize for “integrating climate change into long-run macroeconomic analysis,” an achievement most prominently reflected in what was known as the DICE (Dynamic Integrated Climate-Economy) model, an influential model that examines the interactions among carbon emissions, climate change, and economic growth.

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