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Danial Ali AKBARI (University of Oslo)”HAACE — Heterogeneous Agent Analytic Climate Economy”

February 19 @ 10:00 am - 11:00 pm

Quantitative Sustainable Economics and Finance 
Time: 10.00 am
Date: 19th of February 2026
Room 3001

Danial Ali AKBARI (University of Oslo)”HAACE — Heterogeneous Agent Analytic Climate Economy”

Abstract : We develop an analytic, continuous-time climate-economy model with heterogeneity in both household wealth and climate-damage exposure. We cast the social planner problem using distributional Pareto and Negishi-style welfare weights, making the heterogeneous economy tractable and allowing us to map integrated assessment primitives directly to policy objects, most notably the social cost of carbon (SCC). We formalize distributional damages to consumption — damages whose incidence is correlated with wealth — and analyze how the joint distribution of wealth and damages to consumption capacity reshapes the SCC

Organizers:   Peter TankovGauthier Vermandel, and Olivier David Zerbib

Sponsors:
CREST-CMAP