DocumentCode :
2119350
Title :
Agent-based simulation and greenhouse gas emissions trading
Author :
Mizuta, Hideyuki ; Yamagata, Yoshiki
Author_Institution :
Tokyo Res. Lab., IBM Japan, Kanagawa, Japan
Volume :
1
fYear :
2001
fDate :
2001
Firstpage :
535
Abstract :
The need for new theoretical and experimental approaches to understand dynamic and heterogeneous behavior in complex economic and social systems is increasing. An approach using agent-based simulation and artificial markets on a computer system is considered to be an effective approach. Computational simulation with dynamically interacting heterogeneous agents is expected to re-produce complex phenomena in economics, and helps us to experiment various controlling methods, evaluate systematic designs, and extract the fundamental elements which produce interesting phenomena for future analytical work. In previous work, we investigated the stability of a virtual commodities market and the aggregated behavior of dynamic online auctions with heterogeneous agents. In this paper, we introduce a simple framework to develop agent-based simulations systematically and consider an application of agent-based simulation for a dynamical model of international greenhouse gas emissions trading
Keywords :
digital simulation; economics; financial data processing; social sciences computing; agent-based simulation; aggregated behavior; artificial market; complex economic systems; complex social systems; dynamic behavior; dynamic online auctions; dynamically interacting heterogeneous agents; heterogeneous behavior; international greenhouse gas emissions trading; virtual commodities market stability; Asia; Collaboration; Computational modeling; Computer simulation; Environmental economics; Fluctuations; Global warming; Laboratories; Object oriented modeling; Stability;
fLanguage :
English
Publisher :
ieee
Conference_Titel :
Simulation Conference, 2001. Proceedings of the Winter
Conference_Location :
Arlington, VA
Print_ISBN :
0-7803-7307-3
Type :
conf
DOI :
10.1109/WSC.2001.977335
Filename :
977335
Link To Document :
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