A multi-agent model of several economic regions

Journal article: This paper presents Lagom regiO: a multi-agent model of several growing economic areas in interaction. The model is part of the Lagom model family: economic multi-agent models developed to make steps toward understanding equilibrium selection and identifying win-win opportunities for climate policy. The particular feature of the model presented here is that it locates agents in one of a user-chosen number of regions. It can thus be used to represent diverse economic areas by specifying characteristics of agents and their interaction network as depending on their regions.

Author(s)

Sarah Wolf, Steffen Fürst, Antoine Mandel, Wiebke Lass, Daniel Lincke, Federico Pablo-Marti, Carlo Jaeger

Journal
  • Environmental Modelling and Software
Date of publication
  • 2013
Keywords JEL
C60 Q54 R1
Keywords
  • Multi-agent model
  • Growing economy
  • Economic regions
  • Emissions
Pages
  • 25-43
Version
  • 1
Volume
  • 44