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This paper presents a model-based analysis of the introduction of green products, which are products with low environmental impacts. Both consumers and firms are simulated as populations of agents who differ in their behavioural characteristics. Model experiments illustrate the influence of...
Persistent link: https://www.econbiz.de/10005396156
This paper studies the use of social simulation in linking micro level investor behaviour and macro level stock market dynamics. Empirical data from a survey on individual investors\' decision-making and social interaction was used to formalize the trading and interaction rules of the agents of...
Persistent link: https://www.econbiz.de/10005518625
When two large groups of people meet in the same space, many outcomes are possible, depending on the types of groups and the occasion. These outcomes may range from a peaceful mingling of the two groups to the occurrence of fights and riots. Because the group processes leading to these outcomes...
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Lack of attention to scale selection may limit the utility of multidisciplinary assessments and studies. This paper integrates research on scale from several disciplines to identify commonalities.
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This paper develops a unifying framework for spatial and environmental economics, based on equilibrium considerations for population games. The main contribution of this paper consists of introducing a consistent concept for spatial welfare. Following the introduction of estimable locational...
Persistent link: https://www.econbiz.de/10011324606