Integrated Assessment Modeling: Modules for Cooperation
22 Pages Posted: 29 Jul 2002
Date Written: July 2002
Abstract
An integrated assessment (IA) model combines knowledge from very different disciplines in view of a practical problem. Most models developed so far are rather monolithic in the sense that it is difficult to combine components from different models for purposes of new assessments. We propose to develop a modular approach to IA based on advances in knowledge management as well as in object oriented software engineering. The incentive structure of modular IA is based on turning the knowledge produced neither into public nor into private, but rather into club goods. Competition amongst modelers becomes a process of discovery at the level of module design and module coupling, with strong synergies between competing teams. Together they develop a community pool of IAM-modules, along with software and know-how for running them in varying combinations.
Keywords: Modular Integrated Assessment, Knowledge Management, Decision Support
JEL Classification: A12, B41, C80
Suggested Citation: Suggested Citation
Do you have a job opening that you would like to promote on SSRN?
Recommended Papers
-
Asset Pricing Under Endogenous Expectations in an Artificial Stock Market
By W. Brian Arthur, John H. Holland, ...
-
The Dow Theory: William Peter Hamilton's Track Record Re-Considered
By Stephen J. Brown, Alok Kumar, ...
-
Agent-Based Computational Economics: Growing Economies from the Bottom Up
-
Social Behaviors, Enforcement, and Compliance Dynamics
By Jon S. Davis, Gary Hecht, ...
-
Agent-Based Models of Financial Markets: A Comparison with Experimental Markets
By Tomaso Poggio, Andrew W. Lo, ...
-
When the Bubble is Going to Burst
By Jing Chen
-
What If Hayek Goes Shopping in the Bazaar
By Marco Lamieri and Enrico Bertacchini
-
By Stefano Balbi and Carlo Giupponi
-
Automated Trading with Boosting and Expert Weighting
By Germán G. Creamer and Yoav Freund