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October 16, 2025Open Access

An Agent-Based Extension to Sector-Wise Input-Output Recovery Models

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Authors

JHJan HurtSTStefan ThurnerPKPeter Klimek

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Overview

This framework shows adaptive price and quantity adjustments in sectors, indicating varied economic resilience strategies.

Key Points

  • The model reveals that producers adjust prices and quantities simultaneously, enhancing recovery dynamics.
  • Behavioral metrics computed from input-output data show sector-specific tendencies towards price or quantity adjustments.
  • Insights from the model highlight diverse regional strategies to manage economic shocks effectively.
  • The framework retains the economic constraints of established models while providing a more realistic depiction of economic behavior.

Cite This Study

Hurt et al. (2025) studied this question.

synapsesocial.com/papers/68f147cc724575985c3fd2eehttps://doi.org/10.48550/arxiv.2505.10146
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