 Mining economist opinions on using multi-agent methodology to simulate metal marketsGaétan Lefebvre and Fenintsoa Andriamasinoro International Journal of Trade and Global Markets, 2016, vol. 9, issue 1, 83-102 Abstract: In coming years, distortions on metal markets are likely to appear. Indeed, some countries control most of the production of certain categories of metals and could implement exportation quotas. Consequently, consuming countries like France face increasing risks of shortages of some metals. In response, the French government suggests that a set of prospective tools be implemented, including a prospective simulation tool based on a multi-agent system (MAS) approach. The goal of this paper is to report and discuss critiques by mining economists on the value and abilities of MAS to simulate critical metal markets whenever the approach is appropriate. The motivation is: (a) to define the gaps currently existing between MAS and mining; (b) to provide indicators on how MAS approach should be enhanced to reduce these gaps; and (c) to produce an improved initial metal classification that is suitable for such a modelling exercise. Keywords: critical metal markets; multi-agent systems; MAS; agent-based systems; prospective simulation; economist critiques; simulation; mining economists; economist opinions; metal classification; modelling. (search for similar items in EconPapers) Downloads: (external link) Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: https://EconPapers.repec.org/RePEc:ids:ijtrgm:v:9:y:2016:i:1:p:83-102 Access Statistics for this article More articles in International Journal of Trade and Global Markets from Inderscience Enterprises Ltd |
Is your work missing from RePEc? Here is how to contribute.
Questions or problems? Check the EconPapers FAQ or send mail to .
EconPapers is hosted by the
School of Business at Örebro University.