Download Agent-Based Models of Energy Investment Decisions by Tobias Wittmann PDF

By Tobias Wittmann

This booklet demonstrates how bounded rational selection versions might be standardized and parameterized through socio-economic information. targeting deepest strength expertise funding judgements, the writer exhibits how diverse consultant brokers may be built utilizing seek ideas, research instruments and selection ideas. Diffusion curves for strength applied sciences similar to sunlight creditors, boilers and potency improvements for structures are calculated. additional, the version is prolonged to review the impression of enterprises’ festival on know-how diffusion. The modeling technique awarded during this booklet may possibly function a template for functions in different domain.

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Extra info for Agent-Based Models of Energy Investment Decisions

Sample text

The SAT strategy bundles different aspects of decision making behavior. It can, for example, be used to model traditional decision making behavior by ordering the search in relation to deviations from the status quo. The lexicographic strategy (LEX) requires the relative importance of goals to be set. The alternative with the best value on the most important goal is selected. If two or more alternatives are equal, the second most important goal is considered. 4 Modeling Private Energy Investment Decisions 41 lected.

A brief illustrative description of the chosen milieus and the assigned parameters is given below. Technology leader: Susan regards herself as being successful in life. Profiting from a higher education, she is creative and inventive and loves to explore new opportunities and technologies. After she finished university, she carefully worked on her career and succeeded. She is around 40 years old and has a partner, Tom. Their household income is high. The couple has friends who share similar values.

They try to secure a reasonable living standard for themselves and their children. They bought a house and saved money in the bank. Bill and his wife are members of local associations and contribute to their community. Bill does not like to spend his money, but if he must, he does so very selectively. He tries to get good quality at a low price; being older he is also interested in comfort. Having a long experience in purchasing, he generally knows what he wants. Bigger investments are only made if they are really necessary.

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