Agent-Based Computational Economics and Industrial Organization Theory

Nardone, Claudia

doi:10.1007/978-3-030-22605-3_1

Cited by 4 publications

(2 citation statements)

References 29 publications

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“…To deal with the complexity of the PRPGD, we propose using ACE modelling; i.e., a modelling and computer simulation of economic processes as dynamic systems of interacting agents [28,29]. In short, an ACE model is an economic simulation model implemented in a form of collective intelligence.…”

Section: Methodology Proposalmentioning

confidence: 99%

Consideration of Complexity in the Management of Construction and Demolition Waste Flow in French Regions: An Agent-Based Computational Economics Approach

Andriamasinoro

Monfort

2021

Modelling

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For each region of France, there is currently a program to implement a plan for regional prevention and management of construction and demolition waste (CDW) used in the buildings and public works (e.g., roads) sector, also called the BTP (from the French Bâtiment et Travaux Publics) sector. To implement such a plan, its complexity must be considered; i.e., account (a) for how different scales are endogenously connected and (b) for decision-making rules at each scale being introduced. However, this complexity has rarely been taken into account in the literature. Using the PACA region as a case-study, this paper presents the first results of modelling that determines a hypotheses for the geographic distribution of the road renovation rate in each municipality (microscale) and Department (mesoscale) in a region of France. Such a renovation requires recycled aggregates (gravel) and asphalt supplies simultaneously. To consider this endogenous connection between scales, the model at the micro-scale must also be calibrated so the simulated values emerging at a higher-scale approach a supply–demand balance. We also discuss the transposition of the model to another French region (Ile-de-France). The method we used is the Agent-based Computational Economics (ACE) modelling approach. In addition, the coherent interplay between scales is determined by an approach called pattern-oriented modelling (POM). Our research revealed, at a thematic level, that for a circular economy to develop, the network of facilities in the territory is very important, and effective commercialization of secondary resources is major in the areas that group together recycling platforms and nearby asphalt plants. At a methodological level, our research revealed that in any multi-level modelling exercise, POM can be seen as an essential approach to accompany the ACE approach, particularly for a macroeconomic (here macro = regional) looping of a model designed at a microscale. However, convincing the BTP sector to integrate ACE/POM as a full part of a methodological support for regional prevention and management of CDW remains a challenge

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Section: Methodology Proposalmentioning

confidence: 99%

Consideration of Complexity in the Management of Construction and Demolition Waste Flow in French Regions: An Agent-Based Computational Economics Approach

Andriamasinoro

Monfort

2021

Modelling

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“…Technically, SD is implemented here via a prospective simulation of the economy ↔ environment interaction over about 20 years -1 generation. For Paradigm 2, we specifically suggest introducing agent-based computational economics or ACE, a sub-domain of artificial intelligence (AI), which corresponds to the study of an economic process modelled and simulated in the form of agents that interact dynamically [16]. The agent-based approach is, according to [5], the best way to model complex decision-making (also considering events yet to come), up to those of human individuals in all cases for land use [17].…”

Section: International Journal Of Environmental Sciences and Natural Rementioning

confidence: 99%

A Dynamic and Endogenous Coupling of Environment and Economy as a Future Approach to Assessing Raw Material Criticality

Andriamasinoro¹

2021

IJESNR

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10 days while a mining project at the exploration stage today might only be operational in 10 years, yet the impact of this future mining operation in the current market should nevertheless be anticipated in decisions [3]. Regarding this prospective analysis of criticality, one of the questions (Q) would be: in an attempt to simultaneously reduce the economic and environmental costs along a given substance's processing chain, what are the levers (Pricing? Market share? Process?) that move the stakeholders involved at each stage? What decisions must also be taken (that can account for future events), knowing that these levers and decisions will change over time

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An Agent-Based Model of Horizontal Mergers

Barrenechea

Clementino

2022

Autonomous Agents and Multiagent Systems. Best and Visionary Papers

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Agent-Based Computational Economics and Industrial Organization Theory

Cited by 4 publications

References 29 publications

Consideration of Complexity in the Management of Construction and Demolition Waste Flow in French Regions: An Agent-Based Computational Economics Approach

Consideration of Complexity in the Management of Construction and Demolition Waste Flow in French Regions: An Agent-Based Computational Economics Approach

A Dynamic and Endogenous Coupling of Environment and Economy as a Future Approach to Assessing Raw Material Criticality

An Agent-Based Model of Horizontal Mergers

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