Agent-Based Analysis of Industrial Dynamics and Paths of Environmental Policy: The Case of Non-renewable Energy Production in Germany
Authored by Frank Beckenbach, Maria Daskalakis, David Hofmann
Date Published: 2018
DOI: 10.1007/s10614-017-9773-6
Sponsors:
Bundesministerium für Bildung und Forschung
Platforms:
Repast
Model Documentation:
ODD
Flow charts
Mathematical description
Model Code URLs:
Model code not found
Abstract
This study addresses the difficulties in the transition of advanced
market economies towards environmentally-and especially
climate-compatible-development paths. It is assumed that standard
economic concepts as well as instrument recommendations for treating
these problems are not sufficient because agents, markets and political
regulation are stylized in a way that neglects essential features of
complexity that are at stake. Taking the case of electricity production
based on non-renewable resources, this contribution ( 1) addresses the
specificities of this branch of production, ( 2) considers the relevant
industrial dynamics as well as the regulatory status quo in this
context, and finally ( 3) makes an assessment of selected instruments as
regards their ecological effectivity and economic efficiency. Against
the background of a given regulation path characterized by command and
control regulation, the European emission trading system, and
transitions in the German energy system, possible future regulation
paths and their economic and ecological impacts are specified and
evaluated by using agent-based scenario analyses.
Tags
Agent-based modelling
Evolution
Innovation
electricity market
Economics
history-friendly model
technology
elasticity
Integration
Electricity
Instruments
Path-dependency
Power-generation
Evolutionary-economics
Emission