International Emissions Trading with Agent-based Simulation with Web-based Gaming

The cooperative utilization of agent-based computational simulation and
gaming simulation is expected to reproduce complex phenomena
in the economic and social environment, and helps us to experiment with
various controlling methods, to evaluate the design, and to extract
the fundamental elements for deep analysis.
We have developed a simple agent-based simulation framework ``ASIA'' and
pilots its applications for economic and environmental studies including
the international greenhouse gas (GHG) emissions trading.
We observed the worldwide cost reduction through the individual adjustment
shown as movement in the agents' cost landscape.
We also introduce a Web application for the gaming simulation tightly
connected with the agent system, which can be used for the international
emissions trading experiments with human players.

By: Hideyuki Mizuta and Yoshiki Yamagata

Published in: in 2002

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