Agent-Based Models of Energy Investment Decisions

  • Tobias Wittmann

Part of the Sustainability and Innovation book series (SUSTAINABILITY)

Table of contents

  1. Front Matter
    Pages I-XIV
  2. Pages 13-29
  3. Pages 31-66
  4. Pages 95-98
  5. Back Matter
    Pages 99-113

About this book


This book demonstrates how bounded rational decision models can be standardized and parameterized by socio-economic data. Focusing on private energy technology investment decisions, the author shows how different representative agents can be constructed using search rules, analysis tools and decision strategies. Diffusion curves for energy technologies such as solar collectors, boilers and efficiency upgrades for buildings are calculated. Further, the model is extended to study the impact of firms’ competition on technology diffusion. The modeling approach presented in this book may serve as a template for applications in other domain.


Climate Change Energy Economics Environmental Economics Investment Landscape/Regional and Urban Planning Operations Research/Decision Theory linear optimization

Authors and affiliations

  • Tobias Wittmann
    • 1
  1. 1.Institute for Energy EngineeringTechnische Universität BerlinBerlin

Bibliographic information

  • DOI
  • Copyright Information Physica-Verlag Heidelberg 2008
  • Publisher Name Physica-Verlag HD
  • eBook Packages Engineering Engineering (R0)
  • Print ISBN 978-3-7908-2003-4
  • Online ISBN 978-3-7908-2004-1
  • Series Print ISSN 1860-1030
  • Buy this book on publisher's site