A simple model is constructed using C# in order to to capture key features of market dynamics, while also producing reasonable results for the individual insurers. A replication of Taylor’s model is also constructed in order to compare results with the new premium setting mechanism. To enable the comparison of the two premium mechanisms, the rest of the model set-up is maintained as in the Taylor model. As in the Taylor example, homogeneous customers represented as a total market exposure which is allocated amongst the insurers.

In each time period, the model undergoes the following steps:
1. Insurers set competitive premiums per exposure unit
2. Losses are generated based on each insurer’s share of the market exposure
3. Accounting results are calculated for each insurer
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This is a simulation of an insurance market where the premium moves according to the balance between supply and demand. In this model, insurers set their supply with the aim of maximising their expected utility gain while operating under imperfect information about both customer demand and underlying risk distributions.

There are seven types of insurer strategies. One type follows a rational strategy within the bounds of imperfect information. The other six types also seek to maximise their utility gain, but base their market expectations on a chartist strategy. Under this strategy, market premium is extrapolated from trends based on past insurance prices. This is subdivided according to whether the insurer is trend following or a contrarian (counter-trend), and further depending on whether the trend is estimated from short-term, medium-term, or long-term data.

Customers are modelled as a whole and allocated between insurers according to available supply. Customer demand is calculated according to a logit choice model based on the expected utility gain of purchasing insurance for an average customer versus the expected utility gain of non-purchase.

This is an agent-based model of a simple insurance market with two types of agents: customers and insurers. Insurers set premium quotes for each customer according to an estimation of their underlying risk based on past claims data. Customers either renew existing contracts or else select the cheapest quote from a subset of insurers. Insurers then estimate their resulting capital requirement based on a 99.5% VaR of their aggregate loss distributions. These estimates demonstrate an under-estimation bias due to the winner’s curse effect.

The development and popularisation of new energy vehicles have become a global consensus. The shortage and unreasonable layout of electric vehicle charging infrastructure (EVCI) have severely restricted the development of electric vehicles. In the literature, many methods can be used to optimise the layout of charging stations (CSs) for producing good layout designs. However, more realistic evaluation and validation should be used to assess and validate these layout options. This study suggested an agent-based simulation (ABS) model to evaluate the layout designs of EVCI and simulate the driving and charging behaviours of electric taxis (ETs). In the case study of Shenzhen, China, GPS trajectory data were used to extract the temporal and spatial patterns of ETs, which were then used to calibrate and validate the actions of ETs in the simulation. The ABS model was developed in a GIS context of an urban road network with travelling speeds of 24 h to account for the effects of traffic conditions. After the high-resolution simulation, evaluation results of the performance of EVCI and the behaviours of ETs can be provided in detail and in summary. Sensitivity analysis demonstrates the accuracy of simulation implementation and aids in understanding the effect of model parameters on system performance. Maximising the time satisfaction of ET users and reducing the workload variance of EVCI were the two goals of a multiobjective layout optimisation technique based on the Pareto frontier. The location plans for the new CS based on Pareto analysis can significantly enhance both metrics through simulation evaluation.

This ABM aims to introduce a new individual decision-making model, BNE into the ABM of pedestrian evacuation to properly model individual behaviours and motions in emergency situations. Three types of behavioural models has been developed, which are Shortest Route (SR) model, Random Follow (RF) model, and BNE model, to better reproduce evacuation dynamics in a tunnel space. A series of simulation experiments were conducted to evaluate the simulating performance of the proposed ABM.

The Communication-Based Model of Perceived Descriptive Norm Dynamics in Digital Networks (COMM-PDND) is an agent-based model specifically created to examine the dynamics of perceived descriptive norms in the context of digital network structures. The model, developed as part of a master’s thesis titled “The Dynamics of Perceived Descriptive Norms in Digital Network Publics: An Agent-Based Simulation,” emphasizes the critical role of communication processes in norm formation. It focuses on the role of communicative interactions in shaping perceived descriptive norms.

The COMM-PDND is tuned to explore the effects of normative deviance in digital social networks. It provides functionalities for manipulating agents according to their network position, and has a versatile set of customizable parameters, making it adaptable to a wide range of research contexts.

The my-side bias is a well-documented cognitive bias in the evaluation of arguments, in which reasoners in a discussion tend to overvalue arguments that confirm their prior beliefs, while undervaluing arguments that attack their prior beliefs. This agent-based model in Netlogo simulates a group discussion among myside-biased agents, within a Bayesian setting. This model is designed to investigate the effects of the myside bias on the ability of groups to reach a consensus or collectively track the correct answer to a given binary issue.

This model is linked to the paper “The Epistemic Role of Diversity in Juries: An Agent-Based Model”. There are many version of this model, but the current version focuses on the role of diversity in whether juries reach correct verdicts. Using this agent-based model, we argue that diversity can play at least four importantly different roles in affecting jury verdicts. (1) Where different subgroups have access to different information, equal representation can strengthen epistemic jury success. (2) If one subgroup has access to particularly strong evidence, epistemic success may demand participation by that group. (3) Diversity can also reduce the redundancy of the information on which a jury focuses, which can have a positive impact. (4) Finally, and most surprisingly, we show that limiting communication between diverse groups in juries can favor epistemic success as well.

The model generates disaggregated traffic flows of pedestrians, simulating their daily mobility behaviour represented as probabilistic rules. Various parameters of physical infrastructure and travel behaviour can be altered and tested. This allows predicting potential shifts in traffic dynamics in a simulated setting. Moreover, assumptions in decision-making processes are general for mid-sized cities and can be applied to similar areas.

Together with the model files, there is the ODD protocol with the detailed description of model’s structure. Check the associated publication for results and evaluation of the model.

Installation
Download GAMA-platform (GAMA1.8.2 with JDK version) from https://gama-platform.github.io/. The platform requires a minimum of 4 GB of RAM.
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This model takes concepts from a JASSS paper this is accepted for the October, 2023 edition and applies the concepts to empirical data from counties surrounding and including Cleveland Ohio. The agent-based model has a proportional number of agents in each of the counties to represent the correct proportions of adults in these counties. The adoption decision probability uses the equations from Bass (1969) as adapted by Rand & Rust (2011). It also includes the Outgroup aversion factor from Smaldino, who initially had used a different imitation model on line grid. This model uses preferential attachment network as a metaphor for social networks influencing adoption. The preferential network can be adjusted in the model to be created based on both nodes preferred due to higher rank as well as a mild preference for nodes of a like group.