D5.3 AGRICORE Market Module

AGRICORE is a research project funded by the European Commission under the RUR-04-2018 call, part of the H2020 programme, which proposes an innovative way to apply agent-based modelling to improve the capacity of policymakers to evaluate the impact of agricultural-related measurements under and outside the framework of the Common Agricultural Policy (CAP).
This deliverable presents the results of Task 5.3 - Market Module, led by AKD. The objective of Task 5.3 is to design a module which considers the interaction between agents regarding external markets different than Land Market, which is specifically addressed in D5.2. These markets are the production market, on which the price of the outputs of the agricultural holdings is set, but also the markets for other production factors, such as the labour market.
The agents, i.e., the agricultural holdings being simulated, interact within the aforementioned markets, so that their aggregated taken actions have an effect on the output of the market themselves.