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Chapter 21 ACE Models of Endogenous Interactions
Vriend, Nicolaas J. - In: Handbook of computational economics : volume 2, …, (pp. 1047-1079). 2006
Various approaches used in Agent-based Computational Economics (ACE) to model endogenously determined interactions between agents are discussed. This concerns models in which agents not only (learn how to) play some (market or other) game, but also (learn to) decide with whom to do that (or not).
Persistent link: https://www.econbiz.de/10014024384
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Chapter 16 Agent-Based Computational Economics: A Constructive Approach to Economic Theory
Tesfatsion, Leigh - In: Handbook of computational economics : volume 2, …, (pp. 831-880). 2006
Economies are complicated systems encompassing micro behaviors, interaction patterns, and global regularities. Whether partial or general in scope, studies of economic systems must consider how to handle difficult real-world aspects such as asymmetric information, imperfect competition,...
Persistent link: https://www.econbiz.de/10014024389
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Co-learning patterns as emergent market phenomena: An electricity market illustration
Li, Hongyan; Tesfatsion, Leigh - In: Journal of Economic Behavior & Organization 82 (2012) 2, pp. 395-419
The definition of emergence remains problematic, particularly for systems with purposeful human interactions. This study explores the practical import of this concept within a specific market context: namely, a double-auction market for wholesale electric power that operates over a transmission...
Persistent link: https://www.econbiz.de/10010573024
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Delivering Cost-Efficient Public Services in Health Care, Education and Housing in Chile
Moccero, Diego - Economics Department, Organisation de Coopération et … - 2008
, including education, health care and housing. This incremental spending will need to be carried out in a cost-efficient manner … education, where secondary and tertiary educational attainment remain low, despite a significant increase over the years, and … dans le domaine des soins de santé, de l'éducation et du logement au Chili<BR>Les autorités prévoient d’augmenter les …
Persistent link: https://www.econbiz.de/10005046213
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Boosting Productivity in Australia
Koutsogeorgopoulou, Vassiliki; Barbiero, Omar - Economics Department, Organisation de Coopération et … - 2013
responsive, high quality, vocational and higher education systems is indispensable to long-term growth. Raising the completion …
Persistent link: https://www.econbiz.de/10011276866
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Structural Reforms to Reduce Unemployment and Restore Competitiveness in Ireland
Pina, Álvaro - Economics Department, Organisation de Coopération et … - 2011
enhance product-market competition, improve innovation efforts and ameliorate the quality of education, which are key to …
Persistent link: https://www.econbiz.de/10009364450
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Enhancing business dynamism and consumer welfare in Costa Rica with regulatory reform
González Pandiella, Alberto - 2020
Regulations of product markets serve legitimate objectives but, when ill-designed, can impose unnecessary restrictions on competition, and therefore on business dynamism, productivity and ultimately well-being. A recent update of the OECD’s Product Market Regulation indicator for Costa Rica...
Persistent link: https://www.econbiz.de/10012304414
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The 2018 edition of the OECD PMR indicators and database : methodological improvements and policy insights
Vitale, Cristiana; Bitetti, Rosamaria; Wanner, Isabelle; … - 2020
This paper presents the latest edition of the OECD indicators of product market regulation (PMR), which measure regulatory stance in 35 OECD and 11 non-OECD countries. This update is based on a new methodology, which has been implemented to ensure that the PMR indicators maintain their relevance...
Persistent link: https://www.econbiz.de/10012203338
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Improving the business regulatory environment in Poland
Terrero-Davila, Javier - 2023
A competition-friendly business regulatory environment is essential for the well-functioning of markets. It ensures that important policy goals are addressed, and market failures tackled. However, regulation can also create barriers to the entry and expansion of firms that may limit and distort...
Persistent link: https://www.econbiz.de/10014435849
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Product Market Regulation in Brazil
Vitale, Cristiana - 2022
Appropriately designed and implemented regulations are powerful tools for enhancing economic performance. A strong and sound regulatory framework can mitigate threats to health, safety, and the environment and address market imperfections. However, regulation can also create barriers to the...
Persistent link: https://www.econbiz.de/10013523698