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To meet ambitious climate change goals governments must encourage behavioural change alongside technological progress. Designing effective policy requires a thorough understanding of the factors that drive behaviours. In an effort to understand the role of environmental attitudes better we estimate a hybrid choice model (HCM) for commuting mode choice by using a large household survey data set. HCMs...
We introduce a stochastic heterogeneous interacting-agent model for the short-time non-equilibrium evolution of excess demand and price in a stylized asset market. We consider a combination of social interaction within peer groups and individually heterogeneous fundamentalist trading decisions which take into account the market price and the perceived fundamental value of the asset. The resulting...
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