Innovations in Freight Demand Modeling and Data Improvement (2014) / Chapter Skim
Currently Skimming:
Pages 33-36
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From page 33... ...
Design of an Agent-Based Computational Economics Approach to Forecasting Future Freight Flows for the Chicago Region John Gliebe, Colin Smith, Kaveh Shabani, and Maren Outwater RSG, Inc. Kermit Wies Chicago Metropolitan Agency for Planning Presentation Notes: Presented by John Gliebe, RSG, Inc.
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represents the "macroscale" resolution. This paper will provide a brief overview of agent-based computational economics and discuss how it will be applied in the model.
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the second-price sealed-bid auction in which the winning provider/seller was the submitter of the lowest bid (in the case of procurement) ; however, the price paid to the winner was that of the second-lowest bid.
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From page 36... ...
• the ability to code network infrastructure changes, such as port capacity expansions, intermodal terminal capacities, and similar infrastructure changes. Testing Once the model is implemented, the researchers plan to conduct several tests of the model performance for the purposes of fine tuning as well as demonstrating its capabilities.
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