COMPLEXITY ECONOMICS

Complexity, Choices & Crises

A fresh journal to enhance the knowledge required for responsible action in the global economy

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A Multi-Actor Dynamic Integrated Assessment Model System (MADIAMS)

MADIAMS is an actor-based system-dynamic model hierarchy to assess the impacts of climate mitigation policies. The evolution of the economy is governed by the interactions of a few key aggregated actors (a firm, household, government, bank etc.) pursuing individual, often conflicting, goals. The economy is treated as a nonlinear system described by a set of system dynamic equations closed by the specification of the actors’ control strategies. An important feature of MADIAMS is the explicit treatment of non-equilibrium processes.

MADIAMS is developed by Klaus Hasselmann (Max Planck Institute for Meteorology/ Global Climate Forum) and Dmitry V. Kovalevsky (Nansen International Environmental and Remote Sensing Centre/ St. Petersburg State University/ Global Climate Forum).

Here you can download the second level of the three-level model hierarchy of MADIAMS – the model M2-hk.

 

The page is under construction.

Events

15.05.13

Second Open Global Systems Science Conference

June 10-12th, 2013, Brussels, Belgium


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17.02.13

Blog on Global Systems Science online

Our blog on Global Systems Science is online. Current Topics: Towards a Global Systems...


12.08.12

Out now: COMPLEXITY ECONOMICS – Complexity, Choices & Crises

The aim of this new journal is to enhance the knowledge and the know-how required for responsible...


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