Showing 1 - 6 of 6
Climate policy has been mainly studied with economic models that assume representative, rational agents. However, it aims at changing behavior associated with carbon-intensive goods that are often subject to bounded rationality and social preferences, such as status and imitation. Here we use a...
Persistent link: https://www.econbiz.de/10011163462
This short paper considers all possible stakeholders in different stages of a sustainability transition and matches their behavioral features and diversity to policies. This will involve an assessment of potential or expected responses of stakeholders to a range of policy instruments. Following...
Persistent link: https://www.econbiz.de/10011163463
Persistent link: https://www.econbiz.de/10010868552
We use an agent-based model to investigate the interdependent dynamics between individual agency and emergent socioeconomic structure, leading to institutional change in a generic way. Our model simulates the emergence and exit of institutional units, understood as generic governed social...
Persistent link: https://www.econbiz.de/10011030506
This paper documents our efforts in replicating Epstein’s (1998) demographic prisoner’s dilemma model. While, qualitatively speaking, our replicated model resembles the results of the original model reasonably well, statistical testing reveals that in quantitative terms our endeavor was only...
Persistent link: https://www.econbiz.de/10005621907
This paper documents our efforts (and troubles) in replicating Epstein's (1998) demographic prisoner's dilemma model. Confronted with a number of ambiguous descriptions of model features we introduce a method for systematically generating a large number of model replications and testing for...
Persistent link: https://www.econbiz.de/10008681284