| Title | Agent-based model for assessment of multiple circular economy strategies: Quantifying product-service diffusion, circularity, and sustainability |
|---|---|
| ID_Doc | 28443 |
| Authors | Koide, R; Yamamoto, H; Nansai, K; Murakami, S |
| Title | Agent-based model for assessment of multiple circular economy strategies: Quantifying product-service diffusion, circularity, and sustainability |
| Year | 2023 |
| Published | |
| Abstract | Despite the increasing need for tools to support a circular economy, methods for assessing circularity and environmental consequences in a way that considers dynamic changes in heterogeneous consumer behavior are lacking. Here we propose an agent-based model for assessing seven explicitly-defined product-level circular economy strategies. The model endogenizes bounded rational consumer behavior and interactions related to product acquisition, obsolescence, repair, hibernation, and discharge. Simulation experiments with numerical examples were used to quantify the diffusion of product service systems (e.g., leasing of refurbished products and sharing/rental services), product circularity, and lifecycle greenhouse gas emissions over 30 years. As a result, synergies arising from promotion measures (e.g., pricing, advertisements, and service levels), bottlenecks (e.g., lack of collected products), and rebound effects (e.g., due to new production and transport) were identified. By employing "what-if" analyses, this model provides a means to identify effective interventions in the transition to a net-zero circular economy. |
| https://doi.org/10.1016/j.resconrec.2023.107216 |
Similar Articles
| ID | Score | Article |
|---|---|---|
2174
|
Shevchenko, T; Saidani, M; Ranjbari, M; Kronenberg, J; Danko, Y; Laitala, K Consumer behavior in the circular economy: Developing a product-centric framework(2023) | |
| 1028
|
Safarzynska, K; Di Domenico, L; Raberto, M The circular economy mitigates the material rebound due to investments in renewable energy(2023) | |
| 3389
|
Metic, J; Pigosso, DCA Research avenues for uncovering the rebound effects of the circular economy: A systematic literature review(2022) | |
| 4047
|
Koide, R; Murakami, S; Nansai, K Prioritising low-risk and high-potential circular economy strategies for decarbonisation: A meta-analysis on consumer-oriented product-service systems(2022) | |
| 28687
|
Hanumante, NC; Shastri, Y; Hoadley, A Sustainability in a global circular economy: Insights on consumer price sensitivity(2022)Journal Of Industrial Ecology, 26.0, 3 | |
| 2192
|
Figge, F; Dimitrov, S; Schlosser, R; Chenavaz, R Does the circular economy fuel the throwaway society? The role of opportunity costs for products that lose value over time(2022) | |
| 2732
|
Lahcen, B; Eyckmans, J; Rousseau, S; Dams, Y; Brusselaers, J Modelling the circular economy: Introducing a supply chain equilibrium approach(2022) | |
| 3074
|
Harris, S; Martin, M; Diener, D Circularity for circularity's sake? Scoping review of assessment methods for environmental performance in the circular economy.(2021) | |
| 4524
|
Metic, J; Guzzo, D; Kopainsky, B; McAloone, TC; Pigosso, DCA A simulation-based approach for investigating the dynamics of rebound effects in the circular economy: A case of use-oriented product/ service system(2024) | |
| 28963
|
Hunka, AD; Linder, M; Habibi, S Determinants of consumer demand for circular economy products. A case for reuse and remanufacturing for sustainable development(2021)Business Strategy And The Environment, 30.0, 1 |