Agent-Based Ramsey growth model with Brown and Green capital (ABRam-BG) (1.0.0)
The purpose of the ABRam-BG model is to study belief dynamics as a potential driver of green (growth) transitions and illustrate their dynamics in a closed, decentralized economy populated by utility maximizing agents with an environmental attitude. The model is built using the ABRam-T model (for model visit: https://www.comses.net/codebases/0d2d9f03-e579-4d59-bd9a-35be1439f8ed/releases/1.1.0/ ) and introduces two types of capital – green (low carbon intensity) and brown (high carbon intensity) – with their respective technological progress levels. ABRam-BG simulates a green transition as an emergent phenomenon resulting from well-known opinion dynamics along the economic process.
Release Notes
Run the notebook run_the_model_notebook.ipynb to run a simulation and to plot results from the simulation.
Associated Publications
This is a companion discussion topic for the original entry at https://www.comses.net/codebases/44bc2da3-a186-4bf3-8e8e-08e4b3fe81fa/releases/1.0.0