An agent-based computational laboratory for exploratory energy policy by means of controlled computational experiments is proposed. It is termed the ACEGES (agent-based computational economics of the global energy system). In particular, it is shown how agent-based modelling and simulation can...

The role of unconventional resources (e.g., oil sands and extra-heavy oil) is anticipated to increase in the global oil market. Although we are facing a scarcity of conventional (low cost) oil resources, unconventional oil resources might manage (for a period of time) to supply constraints in...

In many practical statistical situations, it is desirable to restrict the flexibility of nonparametric regression models to accommodate prior information. We propose an estimator for regression models with a smoothness penalty and constraints imposed by the nature of the problem. Our estimator...

The overall aim of this paper is to present a developing agent-based computational laboratory, termed the ACEGES (Agent-based Computational Economics of the Global Energy System) laboratory, for the systematic experimental study of the global energy system through the mechanism of Energy...