Traces of Nobel Laureate in Economics William D. Nordhaus Lead Through Vienna

More+Work & Careers ♦ Published: October 9, 2018; 15:56 ♦ (Vindobona)

A few years ago, the newly awarded Economics Nobel Prize winner William D. Nordhaus spent a whole year in Vienna to conduct research. IIASA, the international research institute based in Laxenburg, can now pride itself on being the institution where Nordhaus launched its "own first serious research on global warming".

William D. Nordhaus at the 2012 IIASA Conference / Picture: © IIASA - International Institute for Applied Systems Analysis

William D. Nordhaus received the 2018 Nobel Prize in Economic Sciences for his work in integrating climate change into long-run macroeconomic analysis.

His longstanding association with International Institute for Applied Systems Analysis (IIASA) is closely bound to the issues the Nobel Committee cites in the award.

Nordhaus’s first economic model of global warming was…