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Yale economist William Nordhaus, 2018 Nobel laureate, dies at 85
Yale said William D. Nordhaus, who won a 2018 Nobel for climate-economy models, died Oct. 30 at 85 after an aggressive brain cancer. The New York Times and The Boston Globe reported glioblastoma.
Yale University said William D. Nordhaus, Sterling Professor of Economics, Emeritus, died Oct. 30 at age 85 after an aggressive brain cancer1.
The New York Times and The Boston Globe, in a Globe reprint of a Times obituary, said the cause was glioblastoma and that he died at home in New Haven, Conn.2,3.
Yale said he won the 2018 Nobel Prize in Economics for integrating climate change into long-run macroeconomic analysis, work reflected in the Dynamic Integrated Climate-Economy, or DICE, model1.
Yale said DICE is used to estimate climate-related economic costs and to weigh them against the costs of cutting emissions, and that Nordhaus used it to argue a carbon tax can reduce emissions efficiently1.
The Globe account, following the Times, described him as treating climate change as a threat while arguing that damages should be balanced against the economic cost of prevention, and as favoring a carbon tax that would rise over time2,3.
Yale said he shared the 2018 prize for that climate-economy work; other reporting named Paul M. Romer of New York University as the co-winner1,2,3.
Yale said Nordhaus also served as the university's provost and vice president for finance and administration, and as a member of the President's Council of Economic Advisers1.
Sources
How it’s being reported
3 sourcesWilliam Nordhaus, Nobel laureate who integrated economics and climate change, devoted Yale citizen
Death date, Nobel citation, DICE, campus roles.
Yale obituary: died Oct. 30 at 85 after aggressive brain cancer; 2018 Nobel; DICE model; carbon tax.
William Nordhaus has died. Nobelist influenced climate policy.
Home in New Haven; climate-economy work and carbon pricing.
Carries the New York Times report on Nordhaus's death and climate-economy work.
William Nordhaus Has Died. Nobelist Influenced Climate Policy.
Gives this outlet’s account of the story.