Agent-Based Models of Energy Investment Decisions

Download or read book Agent-Based Models of Energy Investment Decisions written by Tobias Wittmann and published by Springer Science & Business Media. This book was released on 2008-03-15 with total page 124 pages. Available in PDF, EPUB and Kindle. Book excerpt: As societies face the challenge of securing an efficient and environmentally sound energy supply, researchers have strived to determine the future development of energy consumption, infrastructure and technology endowment. This book proposes a new agent-based approach to studying the development of urban energy systems. Decisions of private and commercial investors and operators are modeled using a bounded rational decision model which are parameterized by socio-economic data.