Publication Details

Category Text Publication
Reference Category Journals
DOI 10.1016/j.socec.2022.101967
Title (Primary) Improving models of coordination incentives for biodiversity conservation by fitting a multi-agent simulation model to a lab experiment
Author Drechsler, M.
Source Titel Journal of Behavioral and Experimental Economics
Year 2023
Department OESA
Volume 102
Page From art. 101967
Language englisch
Topic T5 Future Landscapes
Keywords Agent-based model; Agglomeration bonus; Biodiversity conservation; Coordination incentives; Inverse modelling (land use); Pattern-oriented modelling
Abstract Coordination incentives (CI) like the agglomeration bonus that reward the spatial agglomeration (or other spatial patterns) of biodiversity conservation measures are gaining increasing attention. Experiments on CI, accompanied by statistical analyses, reveal insights into the behaviour of human subjects. However, the scope of statistical models is limited and one may, as in other sciences like physics or ecology, gain additional insights by fitting mechanistic process models to the experimental data. I present the first application of this type in the context of CI and fit a multi-agent simulation model to a seminal experiment on the agglomeration bonus. Comparing two basic approaches for the decision making of the model agents, reinforcement learning and using expectations about the future, reveals that the latter is much better able to replicate the observations of the experiment. Improved models of agent behaviour are indispensable in the model-based assessment of CI for the conservation of biodiversity.
Persistent UFZ Identifier https://www.ufz.de/index.php?en=20939&ufzPublicationIdentifier=26648
Drechsler, M. (2023):
Improving models of coordination incentives for biodiversity conservation by fitting a multi-agent simulation model to a lab experiment
J. Behav. Exp. Econ. 102 , art. 101967 10.1016/j.socec.2022.101967