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Decisions and performance under bounded rationality : a computational benchmarking approach

Zēgners, Dainis; Sunde, Uwe; Strittmatter, Anthony - 2020

This paper presents a novel approach to analyze human decision-making that involves comparing the behavior of professional chess players relative to a computational benchmark of cognitively bounded rationality. This benchmark is constructed using algorithms of modern chess engines and allows...

Persistent link: https://www.econbiz.de/10012499843

The user cost of nonrenewable resources and green accounting

Diewert, Walter E.; Fox, Kevin J. - 2016

Persistent link: https://www.econbiz.de/10011575038

National economic impacts of an EU environmental policy : an applied general equilibrium analysis

Conrad, Klaus; Schmidt, Tobias F. N. - 1995

The objective of this paper is to quantify the economic effects of the introduction of a system of tradable permits in the European Union (EU). For this purpose we use linked applied general equilibrium models (AGE) for eleven EU member countries. This method enables us to measure the change in...

Persistent link: https://www.econbiz.de/10011620808

National economic impacts of an EU environmental policy : an applied general equilibrium analysis

Conrad, Klaus; Schmidt, Tobias F. N. - 1995

Persistent link: https://www.econbiz.de/10013428017

Modelling of foreign trade in applied general equilibrium models : theoretical approaches and sensitivity analysis with the GEM-E3 model

Koschel, Henrike; Schmidt, Tobias F. N. - 1998

The specification of the world closure, i.e. the way of closing the domestic economy model by incorporating the external sector, is a crucial component for those models in which production and consumption is not specified endogenously for all countries. This paper looks explicitly at the...

Persistent link: https://www.econbiz.de/10013428143

Towards a theory and policy of eco-innovation : neoclassical and (co-)evolutionary perspectives

Rennings, Klaus - 1998

approaches have their merits and limits concerning a theory and policy of ecoinnovation. Neoclassical methods are most elaborated … question is if innovations toward sustainability can be treated like normal innovations or if a specific theory and policy are … social and institutional innovation in both eco-innovation theory and policy. …

Persistent link: https://www.econbiz.de/10013428160

Technological change in economic models of environmental policy : a survey

Löschel, Andreas - 2001

This paper provides an overview of the treatment of technological change in economic models of environmental policy. Numerous economic modeling studies have confirmed the sensitivity of mid- and long-run climate change mitigation cost and benefit projections to assumptions about technology...