Agent-based Integrated Assessment Models: Alternative Foundations to the Environment-Energy-Economics Nexus
Climate change is a major global challenge today. To assess how policies may lead to mitigation, economists have developed Integrated Assessment Models, however, most of the equilibrium based models have faced heavy critiques. Agent-based models have recently come to the fore as an alternative macroeconomic modeling framework. In this paper, four Agent-based Integrated Assessment Models linking environment, energy and economy are reviewed. These models have several advantages over existing models in terms of their heterogeneous agents, the allocation of damages amongst the individual agents, representation of the financial system, and policy mixes. While Agent-based Integrated Assessment Models have made strong advances, there are several avenues into which research should be continued, including incorporation of natural resources and spatial dynamics, closer analysis of distributional effects and feedbacks, and multi-sectoral firm network structures.
Code (0)
등록된 구현이 없습니다.
Similar Papers 제목 키워드 기반
Rethinking the Foundations for Continual Reinforcement Learning
Algorithms and approaches for continual reinforcement learning have gained increasing attention. Much of this early progress rests on the foundations and standard practices of traditional reinforcement learning, without …
Continual Learningreinforcement-learningReinforcement LearningHuman-in-the-Loop Testing of AI Agents for Air Traffic Control with a Regulated Assessment Framework
We present a rigorous, human-in-the-loop evaluation framework for assessing the performance of AI agents on the task of Air Traffic Control, grounded in a regulator-certified simulator-based curriculum used for training …
Alternative Microfoundations for Strategic Classification
When reasoning about strategic behavior in a machine learning context it is tempting to combine standard microfoundations of rational agents with the statistical decision theory underlying classification. In this work, w…
Binary ClassificationClassificationDescriptiveNavigateEnvironmental performance of shared micromobility and personal alternatives using integrated modal LCA
The environmental performance of shared micromobility services compared to private alternatives has never been assessed using an integrated modal Life Cycle Assessment (LCA) relying on field data. Such an LCA is conducte…
Decision MakingFoundations and Architectures of Artificial Intelligence for Motor Insurance
This handbook presents a systematic treatment of the foundations and architectures of artificial intelligence for motor insurance, grounded in large-scale real-world deployment. It formalizes a vertically integrated AI p…
Representation LearningMultimodal Reasoning