Science Inventory

AGENT-BASED MODELING OF INDUSTRIAL ECOSYSTEMS

Description:

The objectives of this research are to investigate behavioral and organizational questions associated with environmental regulation of firms, and to test specifically whether a bottom-up approach that highlights principal-agent problems offers new insights and empirical validity. This project will investigate key questions in the new field of industrial ecology using an innovative, agent-based modeling approach. Agent-based computer simulation modeling has matured in recent years to the point that it can provide a safe laboratory for investigating how economic agents interact with one another and their environment, and for exploring alternative organizational structures and contracting arrangements that might reduce adverse impacts on the natural environment.

Record Details:

Record Type:PROJECT( ABSTRACT )
Start Date:07/01/2002
Completion Date:06/30/2005
Record ID: 57541