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Multi-agent modeling <strong>of</strong> economic innovation dynamics <strong>and</strong> its implications 331<br />

the emission coefficients for these intermediary commodities follow the same dynamics<br />

as the mean emission coefficient for all final products; in other words, the same<br />

emission coefficient is valid for the total gross production in the sector <strong>and</strong> not only for<br />

the mean <strong>of</strong> innovative products for the consumer market.<br />

<strong>The</strong> total emission in a given time step <strong>and</strong> a given sector <strong>and</strong> <strong>of</strong> the economy can<br />

be determined by taking these four effects into account <strong>and</strong> summing up over all<br />

innovative <strong>and</strong> conventional 18 products:<br />

emiðÞ¼ t<br />

PiðÞ t<br />

emiðt1ÞYi;old þ emi; j Yi; jðÞ t<br />

j¼1<br />

Yi;total<br />

ð15Þ<br />

where Pj(t) denotes the number <strong>of</strong> innovative products in sector i that are on the<br />

market in time step t.<br />

<strong>The</strong> overall emission in the time step <strong>and</strong> sector under consideration then amounts<br />

to:<br />

EmiðÞ¼emi t ðÞXi t ðÞ: t<br />

ð16Þ<br />

Two <strong>of</strong> these effects shall be considered more closely: the type <strong>of</strong> innovation <strong>and</strong><br />

the velocity <strong>of</strong> the diffusion v (a model parameter, cf. section 3 (4)) <strong>of</strong> given<br />

innovations. <strong>The</strong> former is determined by the model parameter M (change factor <strong>of</strong><br />

emission coefficient) which co-determines the emission coefficient for an innovative<br />

product created in time step t: 19<br />

emi;jðÞ¼Memi t ðt1Þ: ð17Þ<br />

In order to illustrate the influence <strong>of</strong> these two crucial parameters, we are going to<br />

analyze the dynamics <strong>of</strong> the emissions for three exemplary cases: (i) the overall<br />

growth case (M>1, v is high), (ii) the case with decreasing emission <strong>and</strong> fast<br />

diffusion (M

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