World food markets are susceptible to systemic shocks due to a concentration of production in a few main breadbasket regions, strong import dependencies of many developing countries, and frequent unilateral and uncoordinated policy interventions such as export restrictions.The well-established...

Climate change is a major global challenge today. To assess how policies may lead to mitigation, economists have developed Integrated Assessment Models, however, most of the equilibrium based models have faced heavy critiques. Agent-based models have recently come to the fore as an alternative...

Energy efficiency can help facing the climate crises. Yet the energy intensity has decreased more slowly than it is required to achieve climate goals. Based on this premise, we build an agent-based model to study the effects of different policies on energy efficiency. Policies analysed range...

Distributed manufacturing has been an important trend in the industrial field, in which the production cost can be reduced through the cooperation among factories. In the real production, the random job arrivals are regular for the enterprises with daily delivered production tasks. In the paper,...

With the development and changes of industry and market demand, the personalized customization production mode with small batch and multiple batches has gradually become a new production mode. This makes production environment become more complex and dynamic. However, traditional production...

Clinically available antifungal drugs have therapeutic limitations due to toxicity, narrow spectrum of activity, and intrinsic or acquired drug resistance. Thus, there is an urgent need for new broad-spectrum antifungal agents with low toxicity and a novel mechanism of action. In this context,...

According to the EU's organic regulation, the use of organic seed is generally binding in organic farming. Because of an organic seed shortage, derogations to use nonorganic seed can be obtained. By 2036, the EU plans to phase out these derogations and achieve 100% organic seed use. Previous...

We develop an agent-based model for the euro area that fulfils widely recommended requirements for nextgeneration macroeconomic models by i) incorporating financial frictions, ii) relaxing the requirement of rational expectations, and iii) including heterogeneous agents. Using macroeconomic and...

In this paper we replicate most of the stylized facts characterizing the decline in business dynamism in the USA highlighted by Akcigit and Ates (2021) and provide an explanation of their emergence by means of a macroeconomic agent-based model populated by two types of firms: innovators who...