Computational Model Library

Behavioural parallel trading systems

Marcin Czupryna | Published Fri Jun 26 18:06:54 2020

This model simulates the behaviour of the agents in 3 wine markets parallel trading systems: Liv-ex, Auctions and additionally OTC market (finally not used). Behavioural aspects (impatience) is additionally modeled. This is an extention of parallel trading systems model with technical trading (momentum and contrarian) and noise trading.

Parallel trading systems

Marcin Czupryna | Published Fri Jun 26 18:01:25 2020

The model simulates agents behaviour in wine market parallel trading systems: auctions, OTC and Liv-ex. Models are written in JAVA and use MASON framework. To run a simulation download source files with additional src folder with sobol.csv file. In set RESULTS_FOLDER parameter. Uses following external libraries mason19..jar, opencsv.jar, commons-lang3-3.5.jar and commons-math3-3.6.1.jar.

Under the Kyoto Protocol, governments agreed on and accepted CO2 reduction targets in order to counter climate change. In Europe one of the main policy instruments to meet the agreed reduction targets is CO2 emission-trading (CET), which was implemented as of January 2005. In this system, companies active in specific sectors must be in the possession of CO2 emission rights to an amount equal to their CO2 emission. In Europe, electricity generation accounts for one-third of CO2 emissions. Since the power generation sector, has been liberalized, reregulated and privatized in the last decade, around Europe autonomous companies determine the sectors’ CO2 emission. Short-term they adjust their operation, long-term they decide on (dis)investment in power generation facilities and technology selection. An agent-based model is presented to elucidate the effect of CET on the decisions of power companies in an oligopolistic market. Simulations over an extensive scenario-space show that there CET does have an impact. A long-term portfolio shift towards less-CO2 intensive power generation is observed. However, the effect of CET is relatively small and materializes late. The absolute emissions from power generation rise under most scenarios. This corresponds to the dominant character of current capacity expansion planned in the Netherlands (50%) and in Germany (68%), where companies have announced many new coal based power plants. Coal is the most CO2 intensive option available and it seems surprising that even after the introduction of CET these capacity expansion plans indicate a preference for coal. Apparently in power generation the economic effect of CO2 emission-trading is not sufficient to outweigh the economic incentives to choose for coal.

AncientS-ABM is an agent-based model for simulating and evaluating the potential social organization of an artificial past society, configured by available archaeological data. Unlike most existing agent-based models used in archaeology, our ABM framework includes completely autonomous, utility-based agents. It also incorporates different social organization paradigms, different decision-making processes, and also different cultivation technologies used in ancient societies. Equipped with such paradigms, the model allows us to explore the transition from a simple to a more complex society by focusing on the historical social dynamics; and to assess the influence of social organization on agents’ population growth, agent community numbers, sizes and distribution.

AncientS-ABM also blends ideas from evolutionary game theory with multi-agent systems’ self-organization. We model the evolution of social behaviours in a population of strategically interacting agents in repeated games where they exchange resources (utility) with others. The results of the games contribute to both the continuous re-organization of the social structure, and the progressive adoption of the most successful agent strategies. Agent population is not fixed, but fluctuates over time, while agents in stage games also receive non-static payoffs, in contrast to most games studied in the literature. To tackle this, we defined a novel formulation of the evolutionary dynamics via assessing agents’ rather than strategies’ fitness.

As a case study, we employ AncientS-ABM to evaluate the impact of the implemented social organization paradigms on an artificial Bronze Age “Minoan” society, located at different geographical parts of the island of Crete, Greece. Model parameter choices are based on archaeological evidence and studies, but are not biased towards any specific assumption. Results over a number of different simulation scenarios demonstrate better sustainability for settlements consisting of and adopting a socio-economic organization model based on self-organization, where a “heterarchical” social structure emerges. Results also demonstrate that successful agent societies adopt an evolutionary approach where cooperation is an emergent strategic behaviour. In simulation scenarios where the natural disaster module was enabled, we observe noticeable changes in the settlements’ distribution, relating to significantly higher migration rates immediately after the modeled Theran eruption. In addition, the initially cooperative behaviour is transformed to a non-cooperative one, thus providing support for archaeological theories suggesting that the volcanic eruption led to a clear breakdown of the Minoan socio-economic system.

PowerGen-ABM is an optimisation model for power plant expansions from 2010 to 2025 with Indonesian electricity systems as the case study. PowerGen-ABM integrates three approaches: techno-economic analysis (TEA), linear programming (LP), and input-output analysis (IOA) and environmental analysis. TEA is based on the revenue requirement (RR) formula by UCDavis (2016), and the environmental analysis accounts for resource consumption (i.e., steel, concrete, aluminium, and energy) and carbon dioxide equivalent (CO2e) emissions during the construction and operational stages of power plants.

The model is an agent-based artificial stock market where investors connect in a dynamic network. The network is dynamic in the sense that the investors, at specified intervals, decide whether to keep their current adviser (those investors they receive trading advise from). The investors also gain information from a private source and share public information about the risky asset. Investors have different tendencies to follow the different information sources, consider differing amounts of history, and have different thresholds for investing.

The model aims at estimating household energy consumption and the related greenhouse gas (GHG) emissions reduction based on the behavior of the individual household under different operationalizations of the Theory of Planned Behaviour (TPB).
The original model is developed as a tool to explore households decisions regarding solar panel investments and cumulative consequences of these individual choices (i.e. diffusion of PVs, regional emissions savings, monetary savings). We extend the model to explore a methodological question regarding an interpretation of qualitative concepts from social science theories, specifically Theory of Planned Behaviour in a formal code of quantitative agent-based models (ABMs). We develop 3 versions of the model: one TPB-based ABM designed by the authors and two alternatives inspired by the TPB-ABM of Schwarz and Ernst (2009) and the TPB-ABM of Rai and Robinson (2015). The model is implemented in NetLogo.

BENCHv.2 model

Leila Niamir | Published Sun Apr 28 22:15:40 2019

The BENCH agent-based model is designed and developed to study shifts in residential energy use and corresponding emissions driven by behavioral changes among heterogeneous individuals.

Exploring homeowners' insulation activity

Jonas Friege Emile Chappin Georg Holtz | Published Mon Jun 1 08:34:32 2015 | Last modified Mon Apr 8 20:38:19 2019

We built an agent-based model to foster the understanding of homeowners’ insulation activity.

Double Auction

Timothy Gooding | Published Sun Feb 24 10:01:44 2019

This model reproduces the double auction experiments and explores the difference between short-term and long-term trading and pricing.

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