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Agent-based modelling for ecological economics: A case study of the Republic of Armenia

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  • Akopov, Andranik S.
  • Beklaryan, Levon A.
  • Saghatelyan, Armen K.

Abstract

The ecological modernisation of enterprises has led to significant levels of total emissions in the atmosphere. This is a very important and complex issue for the Republic of Armenia (RA). An agent-based model was developed to determine the best trade-offs for the ecological modernisation of enterprises. The aim is to solve the bi-objective optimisation problem, the objectives of which are the ‘Integrated Volume of Total Emissions’ and the ‘Integrated Index of Industrial Production’. The results indicate that it is possible to reduce the total emissions in the atmosphere by more than 20% for a ten-year period. This may be done by keeping up the positive dynamics of industrial production through choosing trade-offs in the frame of the ‘Pareto-optimal ecological modernisation’ scenario. The scenario was obtained with the help of the suggested genetic algorithm, modified for the problem of the binary control of transitions from initial non-ecological states of each enterprise, towards the target state of ecologically pure manufacturing.

Suggested Citation

  • Akopov, Andranik S. & Beklaryan, Levon A. & Saghatelyan, Armen K., 2017. "Agent-based modelling for ecological economics: A case study of the Republic of Armenia," Ecological Modelling, Elsevier, vol. 346(C), pages 99-118.
    • Handle: RePEc:eee:ecomod:v:346:y:2017:i:c:p:99-118
    DOI: 10.1016/j.ecolmodel.2016.11.012
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    2. Makarov, V. & Bakhtizin, A. & Sushko, E., 2020. "Agent-based model as a tool for controlling environment of the region," Journal of the New Economic Association, New Economic Association, vol. 45(1), pages 151-171.
    3. Gayane L. Beklaryan & Andranik S. Akopov, 2019. "Modelling the Efficiency of the Use of Production and Investment Resources at the Regional Level: The Case of Russia," International Journal of Economics & Business Administration (IJEBA), International Journal of Economics & Business Administration (IJEBA), vol. 0(3), pages 151-166.
    4. Бекларян Г.Л., 2019. "Имитационная Модель Региона В Применении К Анализу Экономики Красноярского Края," Журнал Экономика и математические методы (ЭММ), Центральный Экономико-Математический Институт (ЦЭМИ), vol. 55(3), pages 47-61, июль.
    5. Макаров В.Л.i & * & Бахтизин А.Р.i & Бекларян Г.Л.i & Акопов А.С.i & Ровенская Е.А.ii & ** & Стрелковский Н.Вii., 2019. "Укрупненная Агент-Ориентированная Имитационная Модель Миграционных Потоков Стран Европейского Союза," Журнал Экономика и математические методы (ЭММ), Центральный Экономико-Математический Институт (ЦЭМИ), vol. 55(1), pages 3-15, январь.

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