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Competitiveness
Bumsuk Seo edited this page Oct 5, 2020
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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 and Cell levels, so can competitiveness be calculated.
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.