Related papers: The Prosumer Economy -- Being Like a Forest
Frequently in socio-environmental sciences, models are used as tools to represent, understand, project and predict the behaviour of these complex systems. Along the modelling chain, Good Modelling Practices have been evolving that ensure -…
The environmental change and its effects, caused by human influences and natural ecological processes over the last decade, prove that it is now more prudent than ever to transition to more sustainable models of energy consumption…
World food supply is crucial to the well-being of every human on the planet in the basic sense that we need food to live. It also has a profound impact on the world economy, international trade and global political stability. Furthermore,…
Ecosystems, which are intricate amalgams of biological communities and their surrounding environments, continually evolve under the influence of their myriad interactions. The world is currently facing intensifying environmental…
Active consumer participation is seen as an integral part of the emerging smart grid. Examples include demand-side management programs, incorporation of consumer-owned energy storage or renewable energy units, and active energy trading.…
The international competitive market causes the increasing of shorten product life cycle and product development process with the improvement in term of time, cost and quality while increasing the waste generation. Product life cycle…
Standard macroeconomic models assume that households are rational in the sense that they are perfect utility maximizers, and explain economic dynamics in terms of shocks that drive the economy away from the stead-state. Here we build on a…
With the rapid development of distributed energy resources, increasing number of residential and commercial users have been switched from pure electricity consumers to prosumers that can both consume and produce energy. To properly manage…
Understanding overfishing phenomenon and regulating fishing quotas is a major global challenge for the 21st Century both in terms of providing food for humankind and to preserve the oceans ecosystems. However, fishing is a complex economic…
Foundation models (e.g. ChatGPT, StableDiffusion) pervasively influence society, warranting immediate social attention. While the models themselves garner much attention, to accurately characterize their impact, we must consider the broader…
Computing is at a moment of profound opportunity. Emerging applications -- such as capable artificial intelligence, immersive virtual realities, and pervasive sensor systems -- drive unprecedented demand for computer. Despite recent…
Most studies of prosumer decision making in the smart grid have focused on single, temporally discrete decisions within the framework of expected utility theory (EUT) and behavioral theories such as prospect theory. In this work, we study…
Ecosystems are ubiquitous but trust within them is not guaranteed. Trust is paramount because stakeholders within an ecosystem must collaborate to achieve their objectives. With the twin transitions, digital transformation to go in parallel…
Depletion of natural and artificial resources is a fundamental problem and a potential cause of economic crises, ecological catastrophes, and death of living organisms. Understanding the depletion process is crucial for its further control…
By 2050, it is predicted that there will be 9 billion people on the planet, which will call for more production, lower costs, and the preservation of natural resources. It is anticipated that atypical occurrences and climate change will…
When society maintains a competitive system to promote an abstract goal, competition by necessity relies on imperfect proxy measures. For instance profit is used to measure value to consumers, patient volumes to measure hospital…
A policy compass indicates the direction in which an institution is going in terms of three general qualities. The three qualities are: suppression, harmony and passion. Any formal institution can develop a policy compass to examine the…
The current emissions from computing are almost 4% of the world total. This is already more than emissions from the airline industry and are projected to rise steeply over the next two decades. By 2040 emissions from computing alone will…
Smart cities have been a very active research area in the past 20 years, while continuously adapting to new technological advancements and keeping up with the times regarding sustainability and climate change. In this context, there have…
A series of crises, culminating with COVID-19, shows that going Beyond GDP is urgently necessary. Social and environmental degradation are consequences of emphasizing GDP as a measure of progress. This degradation created the conditions for…