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We present a model of interacting cobweb markets and apply it to land-use competition between food and bioenergy crops. In our model the markets are interlinked on the supply side by the limited availability of land. Therefore, instabilities are transferred between the markets and we find that...
Persistent link: https://www.econbiz.de/10011209197
The finitely repeated Prisoners’ Dilemma is a good illustration of the discrepancy between the strategic behaviour suggested by a game-theoretic analysis and the behaviour often observed among human players, where cooperation is maintained through most of the game. A game-theoretic reasoning...
Persistent link: https://www.econbiz.de/10011030497
A transparent and conceptual partial equilibrium model of global land use is used to explore long-term effects of large-scale introduction of bioenergy, under different policy cases. The transparency of the model, and the consideration of clear-cut policies, provides a clear picture of how main...
Persistent link: https://www.econbiz.de/10011047278
The threat of global warming calls for a major transformation of the energy system in the coming century. The treatment of technological change in energy system models is a critical challenge. Technological change may be treated as induced by climate policy or as exogenous. We investigate the...
Persistent link: https://www.econbiz.de/10004984044
Persistent link: https://www.econbiz.de/10004986768
Persistent link: https://www.econbiz.de/10005052291
A number of evolutionary models based on the iterated Prisoner's Dilemma with noise are discussed. Different aspects of the evolutionary behaviour are illustrated (i) by varying the trickiness of the game (iterated game, mistakes, misunderstandings, choice of payoff matrix), (ii) by introducing...
Persistent link: https://www.econbiz.de/10005739912
We show that predicting the HPP or FHP III lattice gas for finite time is equivalent to calculating the output of an arbitrary Boolean circuit, and is therefore P-complete: that is, it is just as hard as any other problem solvable by a serial computer in polynomial time. <p> It is widely believed...</p>
Persistent link: https://www.econbiz.de/10005740029
In dynamical systems such as cellular automata and iterated maps, it is often useful to look at a {\it language} or set of symbol sequences produced by the system. There are well-established classification schemes, such as the Chomsky hierarchy, with which we can measure the complexity of these...
Persistent link: https://www.econbiz.de/10005790768
A framework for studying the evolution of cooperative behaviour, using evolution of finite state strategies, is presented. The interaction between agents is modelled by a repeated game with random observable payoffs. The agents are thus faced with a more complex (and general) situation, compared...
Persistent link: https://www.econbiz.de/10005790946