Economic Policy in Complex Environments

Project Information

EPOC

Grant agreement ID: 956107

DOI

10.3030/956107

Project closed

EC signature date 18 August 2020

Start date 1 March 2021

End date 28 February 2025

Funded under

• EXCELLENT SCIENCE - Marie Skłodowska-Curie Actions

Total cost

€ 3 982 061,52

EU contribution

€ 3 982 061,52

Coordinated by

UNIVERSITAET BIELEFELD
Germany

CORDIS provides links to public deliverables and publications of HORIZON projects.

Links to deliverables and publications from FP7 projects, as well as links to some specific result types such as dataset and software, are dynamically retrieved from OpenAIRE .

Deliverables

Documents, reports (17)

Training programme completed
Analysis of policies fostering mitigation and low-carbon transitions
Stability of economic systems under decentralised market designs and advanced approaches for expectation formation and individual decision making
Analysis of innovation policy in complex environments
Defenses of theses and awarding of double degrees
Kick-off meeting

Kickoff meeting

Development of agent-based models capturing the interplay of market dynamics and the diffusion of behaviour and lifestyles
Inter-Sectoral Training Measures completed
Computational models of distributed technological search and diffusion of technologies
Advanced models for expectation formation and individual decision making in agent-based models
Research Training Schools completed
Framework for analysis of dynamic high-dimensional and functional data and change point detection
Supervisory Board

Constitution of the Supervisory Board

Network based analysis of emission allocation in value chains
Completed empirical estimation of medium-size and large agent-based models
Analysis of market dynamics with distributed ledger technologies
Secondments completed

Websites, patent fillings, videos etc. (4)

Policy Maker Meetings completed
Communication of research results (conferences, WPs, journals, social media)
ESR videos completed and online
Finalizing the programme webpage, flyers etc

Finalizing the programme webpage flyers etc

Other (2)

International doctoral workshop
Jamborees and international conference completed

Publications

Peer reviewed articles (21)

A dynamic analysis of criminal networks

Author(s): Luca Colombo, Paola Labrecciosa, Agnieszka Rusinowska
Published in: Journal of Economic Theory, Issue 223, 2025, Page(s) 105951, ISSN 0022-0531
Publisher: Academic Press
DOI: 10.1016/j.jet.2024.105951

Polytope Fraud Theory

Author(s): Dongshuai Zhao, Zhongli Wang, Florian Schweizer-Gamborino, Didier Sornette
Published in: International Review of Financial Analysis, Issue 97, 2025, Page(s) 103734, ISSN 1057-5219
Publisher: Elsevier BV
DOI: 10.1016/j.irfa.2024.103734

Medoid splits for efficient random forests in metric spaces

Author(s): Matthieu Bulté, Helle Sørensen
Published in: Computational Statistics & Data Analysis, Issue 198, 2024, Page(s) 107995, ISSN 0167-9473
Publisher: Elsevier BV
DOI: 10.1016/j.csda.2024.107995

Warning of a forthcoming collapse of the Atlantic meridional overturning circulation

Author(s): Peter Ditlevsen, Susanne Ditlevsen
Published in: Nature Communications, Issue 14, 2023, ISSN 2041-1723
Publisher: Nature Publishing Group
DOI: 10.1038/s41467-023-39810-w

Frequentist Belief Update Under Ambiguous Evidence in Social Networks

Author(s): Michel Grabisch, Muhammed Alperen Yasar
Published in: International Journal of Approximate Reasoning, Issue 172, 2024, Page(s) 109240, ISSN 0888-613X
Publisher: Elsevier BV
DOI: 10.2139/ssrn.4715241

An Agent-Based Model of Cultural Change for a Low-Carbon Transition

Author(s): Daniel Torren-Peraire, Ivan Savin, Jeroen van den Bergh
Published in: Journal of Artificial Societies and Social Simulation, Issue 27, 2024, ISSN 1460-7425
Publisher: University of Surrey
DOI: 10.18564/jasss.5291

High-Dimensional Cointegration and Kuramoto Inspired Systems

Author(s): Jacob Stærk-Østergaard, Anders Rahbek, Susanne Ditlevsen
Published in: SIAM Journal on Applied Dynamical Systems, Issue 23, 2024, Page(s) 236-255, ISSN 1536-0040
Publisher: Society of Industrial and Applied Mathematics
DOI: 10.1137/22m1509771

Risks on global financial stability induced by climate change: the case of flood risks

Author(s): Antoine Mandel, Timothy Tiggeloven, Daniel Lincke, Elco Koks, Philip Ward, Jochen Hinkel
Published in: Climatic Change, Issue 166, 2024, ISSN 0165-0009
Publisher: Reidel Pub. Co.
DOI: 10.1007/s10584-021-03092-2

New evidence on the spread in Catalonia of the invasive longhorn beetle, Xylotrechus chinensis, and the efficacy of abamectin control

Author(s): Victor Sarto i Monteys, Ivan Savin, Glòria Torras Tutusaus, Mònica Bedós Balsach
Published in: Scientific Reports, Issue 14, 2024, ISSN 2045-2322
Publisher: Nature Publishing Group
DOI: 10.1038/s41598-024-78265-x

SHARE-ENV: A Data Set to Advance Our Knowledge of the Environment–Wellbeing Relationship

Author(s): Catarina Midões, Enrica De Cian, Giacomo Pasini, Sara Pesenti, Malcolm N. Mistry
Published in: Environment & Health, Issue 2, 2024, Page(s) 95-104, ISSN 2833-8278
Publisher: ACS Publications
DOI: 10.1021/envhealth.3c00065

Degree centrality, von Neumann–Morgenstern expected utility and externalities in networks

Author(s): René van den Brink, Agnieszka Rusinowska
Published in: European Journal of Operational Research, Issue 319, 2024, Page(s) 669-677, ISSN 0377-2217
Publisher: Elsevier BV
DOI: 10.1016/j.ejor.2024.06.042

Strang splitting for parametric inference in second-order stochastic differential equations

Author(s): Predrag Pilipovic, Adeline Samson, Susanne Ditlevsen
Published in: Stochastic Processes and their Applications, Issue 187, 2025, Page(s) 104650, ISSN 0304-4149
Publisher: Elsevier BV
DOI: 10.1016/j.spa.2025.104650

Income inequality in the uptake of environmentally friendly products

Author(s): Martina Maglicic, Vítor V. Vasconcelos
Published in: iScience, Issue 28, 2025, Page(s) 112277, ISSN 2589-0042
Publisher: Elsevier BV
DOI: 10.1016/j.isci.2025.112277

The network structure of global tax evasion evidence from the Panama papers

Author(s): Garcia Alvarado Fernando, Mandel Antoine
Published in: Journal of Economic Behavior & Organization, Issue 197, 2024, Page(s) 660-684, ISSN 0167-2681
Publisher: Elsevier BV
DOI: 10.1016/j.jebo.2022.03.024

Sentiment-Driven Speculation in Financial Markets with Heterogeneous Beliefs: a Machine Learning approach

Author(s): Tommaso Di Francesco, Cars Hommes
Published in: Journal of Economic Dynamics and Control, 2025, Page(s) 105092, ISSN 0165-1889
Publisher: Elsevier BV
DOI: 10.1016/j.jedc.2025.105092

The green knowledge space: Climate change mitigation technologies in developing countries

Author(s): Franziska Tinnefeld, Julia Swart, Elena Fumagalli
Published in: Environmental Innovation and Societal Transitions, Issue 55, 2025, Page(s) 100944, ISSN 2210-4224
Publisher: Elsevier BV
DOI: 10.1016/j.eist.2024.100944

Fake News and Asset Price Dynamics

Author(s): Sarah Mignot, Paolo Pellizzari, Frank Westerhoff
Published in: Jahrbücher für Nationalökonomie und Statistik, Issue 244, 2024, Page(s) 351-379, ISSN 0021-4027
Publisher: Lucius and Lucius Verlagsgesellschaft mbH
DOI: 10.1515/jbnst-2024-0019

Assumption-light and computationally cheap inference on inequality measures by sample splitting: the Student t approach

Author(s): Catarina Midões, Denis de Crombrugghe
Published in: The Journal of Economic Inequality, Issue 21, 2023, Page(s) 899-924, ISSN 1569-1721
Publisher: Kluwer Academic Publishers
DOI: 10.1007/s10888-023-09574-w

The emergence of discrimination due to miscategorization

Author(s): M. Alperen Yasar
Published in: International Journal of Organization Theory & Behavior, 2024, ISSN 1093-4537
Publisher: Emerald Publishing Limited
DOI: 10.1108/ijotb-08-2023-0168

Fleeting extinction? Unraveling the persistence of noise traders in financial markets with learning and replacement

Author(s): Luca Gerotto, Paolo Pellizzari, Marco Tolotti
Published in: Journal of Evolutionary Economics, 2025, ISSN 0936-9937
Publisher: Springer Verlag
DOI: 10.1007/s00191-025-00892-y

Parameter estimation in nonlinear multivariate stochastic differential equations based on splitting schemes

Author(s): Predrag Pilipovic, Adeline Samson, Susanne Ditlevsen
Published in: The Annals of Statistics, Issue 52, 2024, ISSN 0090-5364
Publisher: Institute of Mathematical Statistics
DOI: 10.1214/24-aos2371

Book chapters (1)

The Equity Premium Puzzle: An Application of an Agent-Based Evolutionary Model

Author(s): Luca Gerotto, Paolo Pellizzari, Marco Tolotti
Published in: Springer Proceedings in Complexity, Advances in Social Simulation, 2023, Page(s) 449-460
Publisher: Springer Nature Switzerland
DOI: 10.1007/978-3-031-34920-1_36

Conference proceedings (1)

Reinforcement Learning for Combining Search Methods in the Calibration of Economic ABMs

Author(s): Aldo, Glielmo; Favorito, Marco; Chanda, Debmallya; Delli Gatti, Domenico
Published in: ICAIF '23: Proceedings of the Fourth ACM International Conference on AI in Finance, Issue 12, 2023, ISBN 979-8-4007-0240-2
Publisher: ICAIF
DOI: 10.1145/3604237.3626889