Showing 1 - 10 of 127
The main contribution of this paper is threefold. First, it presents a new software system for empirical investigations of evolving agent societies in SugarScape like environments. Second, it introduces a conceptual framework for modeling cooperation in an artificial society. In this framework...
Persistent link: https://www.econbiz.de/10005481601
The NewTies project is implementing a simulation in which societies of agents are expected to de-velop autonomously as a result of individual, population and social learning. These societies are expected to be able to solve environmental challenges by acting collectively. The challenges are...
Persistent link: https://www.econbiz.de/10004983481
We demonstrate how an evolutionary agent-based model can be used to evaluate climate policies that take the heterogeneity of strategies of individual agents into account. An essential feature of the model is that the fitness of an economic strategy is determined by the relative welfare of the...
Persistent link: https://www.econbiz.de/10011111539
We demonstrate how an evolutionary agent-based model can be used to evaluate climate policies that take the heterogeneity of strategies of individual agents into account. An essential feature of the model is that the fitness of an economic strategy is determined by the relative welfare of the...
Persistent link: https://www.econbiz.de/10005616685
The general question of how environmental dynamics affect the behavioral interaction in an evolutionary economy is considered. To this end, a basic model of a dynamic multi-sector economy is developed where the evolution of investment strategies depends on the diversity of investment strategies,...
Persistent link: https://www.econbiz.de/10005616819
We consider a heterogeneous agent-based economic model where economic agents have strictly bounded rationality and where income allocation strategies evolve through selective imitation. Income is calculated by a Cobb-Douglas type production function, and selection of strategies for imitation...
Persistent link: https://www.econbiz.de/10008642656
A foundation is provided for a correct and accurate analysis of the relationship between monetary values and physical dimensions in economic production. A distinction is proposed between direct and indirect substitution. Linked to this, a classification is offered of various types of...
Persistent link: https://www.econbiz.de/10005504911
The nature of energy and material resources in an endogenous growth theory framework is clarified. This involves three modifications of the conventional theory. Firstly, multiple feedback mechanisms or “growth engines” are identified. Secondly, a production function distinguishes between...
Persistent link: https://www.econbiz.de/10005504969
We study the conditions for the emergence of cooperation in a spatial common-pool resource game. We consider three types of agents: cooperators, defectors and enforcers. The role of enforcers is to punish defectors for overharvesting the resource. Agents are located around a circle and they only...
Persistent link: https://www.econbiz.de/10005423138
A spatial welfare framework for the analysis of the spatial dimensions of sustainability is developed. It incorporates agglomeration effects, interregional trade, negative environmental externalities and various land use categories. The model is used to compare rankings of spatial configurations...
Persistent link: https://www.econbiz.de/10005423233