Modeling the Economic Effects of Global Warming with Mathematica
April 13, 2011 — Wolfram Blog Team, Wolfram Blog Team
Stuart Nettleton, a senior lecturer at the University of Technology, Sydney, knows the significance of the problem he’s examining—he calls it “the biggest problem that we face in the world going forward.” His challenge: to develop a computable general equilibrium (CGE) model that evaluates the effects of global warming on world economies over 150 years.
With Mathematica, he’s making real progress. Nettleton says, “The rapid development environment that Mathematica provides, the ability to do things so concisely and with so much power out of the functional programming and pattern matching and all the things that are the great advantage of Mathematica—that allowed a very rapid development process, so something a panel of experts told me would take a number of people a number of years, one person managed to do most of it in six months.”
In this video, Nettleton describes Mathematica‘s crucial role in both developing his model and communicating his findings.