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Competitiveness
Bumsuk Seo edited this page Sep 28, 2020
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Created by [ Dave Murray-Rust]{.author}, last modified by [ Sascha Holzhauer]{.editor} on Oct 21, 2014
Competitiveness is designed to capture the idea of the value which society places on an agent's output. As such, it could be seen as equivalent to money or utility. In general, it is based on demand and supply (or residual demand) and productivity, but the way this is managed can have strong implications for model behaviour
As demand can be modelled at Region Cell
Current implementations are:
- SimpleCompetitivenessModel: this is essentially the dot product of production and residual demand, with a couple of optional tweaks.
- CurveCompetitivenessModel: a more complex model of competitiveness allowing the applications of functions.