The report warns many economic models are failing to capture extreme weather events and rising uncertainty likely to dominate ...

Scientists have warned that current models are significantly underrepresenting the toll climate change is taking on the ...

Economic models used by governments, central banks and investors are increasingly understating physical climate risk because ...

Agent-based modelling (ABM) has emerged as a pivotal tool in macroeconomics and economic policy analysis. By simulating the interactions of numerous heterogeneous agents — such as households, firms, ...