An agent based mechanism for the contingent valuation of a shared good

Bonadies, Alessandro (A.A. 2020/2021) An agent based mechanism for the contingent valuation of a shared good. Tesi di Laurea in Microeconomics, Luiss Guido Carli, relatore Luigi Marengo, pp. 41. [Bachelor's Degree Thesis]

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Agent-based models. What ABMs are. Characteristics, advantages, and disadvantages. Valuations. Underlying principles. A brief history of different theories of value. Different valuations for different types of goods. The free-rider problem and possible solutions. Contingent valuations. The model. Representation of the model. What to expect: probability of one vote in favour. Convergence of the Markov process. Expected time to absorption. The code. Python libraries used. Explanations of the results. Robustness of the results. Limitations and suggestions for further developments.


Bibliografia: pp. 39-41.

Thesis Type: Bachelor's Degree Thesis
Institution: Luiss Guido Carli
Degree Program: Bachelor's Degree Programs > Bachelor's Degree Program in Management and Computer Science, English language (L-18)
Chair: Microeconomics
Thesis Supervisor: Marengo, Luigi
Academic Year: 2020/2021
Session: Autumn
Deposited by: Alessandro Perfetti
Date Deposited: 06 Apr 2022 13:45
Last Modified: 06 Apr 2022 13:45


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