International Emissions Trading with Agent-Based Simulation and Web-Based Gaming

Hideyuki Mizuta () and Yoshiki Yamagata ()
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Hideyuki Mizuta: Tokyo Research Laboratory, IBM Research
Yoshiki Yamagata: National Institute for Environmental Studies, Climate Change Research Project

A chapter in ICM Millennium Lectures on Games, 2003, pp 319-333 from Springer

Abstract: Summary The cooperative utilization of agent-based computational simulation and gaming simulation reproduces complex phenomena in the economic and social environment. It supports experiments with various controlling methods, to evaluate the design, and to extract the fundamental results. We develop a simple agent-based simulation framework “ASIA” and apply it to economic and environmental studies including the international greenhouse gas (GHG) emissions trading. It is found the worldwide cost reduction follow through the individual adjustment interpreted as movement in agents’ cost landscape. We also introduce a Web application for the gaming simulation connected with the agent system, which can be used for the international emissions trading experiments with human players.

Keywords: kyoto protocol; emissions trading; agent-based approach; gaming simulation; cost landscape (search for similar items in EconPapers)
Date: 2003
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Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-3-662-05219-8_20

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DOI: 10.1007/978-3-662-05219-8_20

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