The critical properties of the agent-based model with environmental–economic interactions

Zoltán Kuscsik, Denis Horváth and Martin Gmitra

Physica A: Statistical Mechanics and its Applications, 2007, vol. 379, issue 1, 199-206

Abstract: The steady-state and nonequilibrium properties of the model of environmental–economic interactions are studied. The interacting heterogeneous agents are simulated on the platform of the emission dynamics of cellular automaton. The model possesses the discontinuous transition between the safe and catastrophic ecology. Right at the critical line, the broad-scale power-law distributions of emission rates have been identified. Their relationship to Zipf's law and models of self-organized criticality is discussed.

Keywords: Agent-based distributed feedback; Discontinuous transition; Environmental–economic interactions (search for similar items in EconPapers)
Date: 2007
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Persistent link: https://EconPapers.repec.org/RePEc:eee:phsmap:v:379:y:2007:i:1:p:199-206

DOI: 10.1016/j.physa.2007.01.003

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