کد مقاله کد نشریه سال انتشار مقاله انگلیسی نسخه تمام متن
5037190 1472387 2017 19 صفحه PDF دانلود رایگان
عنوان انگلیسی مقاله ISI
Integrated crisis-energy policy: Macro-evolutionary modelling of technology, finance and energy interactions
ترجمه فارسی عنوان
یکپارچه سیاست انرژی بحران: مدل سازی تکاملی تکنولوژی، تعاملات مالی و انرژی
کلمات کلیدی
بحران مالی و اقتصادی، انرژی، نابرابری، مدل سازی مکروه
موضوعات مرتبط
علوم انسانی و اجتماعی مدیریت، کسب و کار و حسابداری کسب و کار و مدیریت بین المللی
چکیده انگلیسی


- We propose a formal macro-evolutionary model.
- It captures interactions between technological, financial and energy systems.
- We discuss channels through which systemic risk spreads between networks.
- We employ our model to study impacts of sustainability policies on the economy.

Addressing four persistent problems, namely human-induced environmental change, financial instability, inequality and unemployment has now become an urgent necessity. To better grasp complex interactions between technological, financial and energy systems, we propose a formal behavioral-evolutionary macroeconomic model. It describes the coevolution of four populations, namely of heterogeneous consumers, producers, power plants and banks, interacting through interconnected networks. We examine how decisions by all these economic agents affect financial stability, the direction of technological change and energy use. The approach generates non-trivial, even surprising insights, such as that brand loyalty, captured by a network externality on the demand side, can increase the likelihood of bankruptcies of banks. Cascades of such bankruptcies are found to be more likely under greater income inequalities and higher electricity prices. We employ the model to assess macroeconomic impacts of sustainability policies along three dimensions: environmental effectiveness, financial stability and socio-economic consequences.

ناشر
Database: Elsevier - ScienceDirect (ساینس دایرکت)
Journal: Technological Forecasting and Social Change - Volume 114, January 2017, Pages 119-137
نویسندگان
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