Complexity, Choices & Crises
A fresh journal to enhance the knowledge required for responsible action in the global economy
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.
December 11, 2012 Neue Promenade 6, Berlin, Germany
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The aim of this new journal is to enhance the knowledge and the know-how required for responsible...