A Hybrid System Dynamics Agent Based Model to Assess the Role of Green Fiscal and Monetary Policies

Author(s):  
Irene Monasterolo ◽  
Marco Raberto
2020 ◽  
Vol 10 (1) ◽  
Author(s):  
Jonatan Almagor ◽  
Stefano Picascia

AbstractA contact-tracing strategy has been deemed necessary to contain the spread of COVID-19 following the relaxation of lockdown measures. Using an agent-based model, we explore one of the technology-based strategies proposed, a contact-tracing smartphone app. The model simulates the spread of COVID-19 in a population of agents on an urban scale. Agents are heterogeneous in their characteristics and are linked in a multi-layered network representing the social structure—including households, friendships, employment and schools. We explore the interplay of various adoption rates of the contact-tracing app, different levels of testing capacity, and behavioural factors to assess the impact on the epidemic. Results suggest that a contact tracing app can contribute substantially to reducing infection rates in the population when accompanied by a sufficient testing capacity or when the testing policy prioritises symptomatic cases. As user rate increases, prevalence of infection decreases. With that, when symptomatic cases are not prioritised for testing, a high rate of app users can generate an extensive increase in the demand for testing, which, if not met with adequate supply, may render the app counterproductive. This points to the crucial role of an efficient testing policy and the necessity to upscale testing capacity.


2019 ◽  
pp. 246-260
Author(s):  
Paul Humphreys

An agent- based model of social dynamics is introduced using a deformable fitness landscape, and it is shown that in certain clearly specifiable situations, strategies that are different from utility maximization outperform utility maximizers. Simulation results are presented and intuitive interpretations of the results provided. The situations considered occur when individuals' actions affect the outcomes for other agents and endogenous effects are dominant. The Tragedy of the Commons is merely a special case of this. Arguments are given that constraints are to be encouraged in some circumstances. The appropriate role of constraints in various types of society is assessed and their use justified in identifiable types of situations.


2015 ◽  
Vol 7 (3) ◽  
pp. 1-17
Author(s):  
Juan Luis Santos

This paper discusses the key role of incentives in information systems security. Vulnerabilities can be reduced, and even removed, if individual motivations are taken into account in the process of protection and insurance design. The article first discusses the importance of externalities, free-riding behavior, uncertainty and the incentives mismatch between individuals and organizations involved in information systems security. Previous works perform this study using a game theoretical approach but the paper shows that an agent-based model is capable of including the heterogeneity and interrelations among individuals, not focusing on the reached equilibrium but on the dynamics prior to its emergence.


2014 ◽  
Vol 11 (1) ◽  
pp. 17 ◽  
Author(s):  
Abhineet Uppal ◽  
Sean C Wightman ◽  
Sabha Ganai ◽  
Ralph R Weichselbaum ◽  
Gary An

PLoS ONE ◽  
2021 ◽  
Vol 16 (2) ◽  
pp. e0246788
Author(s):  
Simon J. Lloyd ◽  
Zaid Chalabi

Undernutrition is a major contributor to the global-burden of disease, and global-level health impact models suggest that climate change-mediated reductions in food quantity and quality will negatively affect it. These models, however, capture just some of the processes that will shape future nutrition. We adopt an alternative standpoint, developing an agent-based model in which producer-consumer smallholders practice different ‘styles of farming’ in the global food system. The model represents a hypothetical rural community in which ‘orphan’ (subsistence) farmers may develop by adopting an ‘entrepreneurial’ style (highly market-dependent) or by maintaining a ‘peasant’ style (agroecology). We take a first look at the question: how might patterns of farming styles—under various style preference, climate, policy, and price transmission scenarios—impact on hunger and health-supporting conditions (incomes, work, inequality, ‘real land productivity’) in rural areas? imulations without climate change or agricultural policy found that style preference patterns influence production, food price, and incomes, and there were trade-offs between them. For instance, entrepreneurial-oriented futures had the highest production and lowest prices but were simultaneously those in which farms tended towards crisis. Simulations with climate change and agricultural policy found that peasant-orientated agroecology futures had the highest production, prices equal to or lower than those under entrepreneurial-oriented futures, and better supported rural health. There were, however, contradictory effects on nutrition, with benefits and harms for different groups. Collectively the findings suggest that when attempting to understand how climate change may impact on future nutrition and health, patterns of farming styles—along with the fates of the households that practice them—matter. These issues, including the potential role of peasant farming, have been neglected in previous global-level climate-nutrition modelling but go to the heart of current debates on the future of farming: thus, they should be given more prominence in future work.


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