- Economy-wide impacts of behavioral climate change mitigation: linking agent-based and computable general equilibrium models
- Environmental Modelling & Software, Available online 31 August 2020,
This paper presents a methodology to scale up behavioral changes among heterogeneous individuals regarding energy choices while tracing their macroeconomic and cross-sectoral impacts, an issue at the very core of our ERC research work during these 4 years.
To achieve this goal, we combine the strengths of top-down computable general equilibrium models for the latter and bottom-up agent-based models for the former. We illustrate the integration process of these two alien modeling approaches by linking data-rich macroeconomic with micro-behavioral models.
Following a three-step approach, we investigate the dynamics of cumulative impacts of changes in individual energy use under three behavioral scenarios.
Our findings demonstrate that the regional dimension is important in a low-carbon economy transition.