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Record W3111637869 · doi:10.1109/smc42975.2020.9283260

Agent-Based Modeling to Simulate Real-World Prices: A Strawberry Market Study

2020· article· en· W3111637869 on OpenAlexaff
F. Fathallahi, K. Ponnambalam, Yu Huang, Fakhri Karray

Bibliographic record

Venuenot available
Typearticle
Languageen
FieldEconomics, Econometrics and Finance
TopicComplex Systems and Time Series Analysis
Canadian institutionsUniversity of Waterloo
Fundersnot available
KeywordsNetLogoPython (programming language)Computer scienceSupply and demandAgent-based modelSimulationOperations researchMicroeconomicsArtificial intelligenceEconomicsEngineering

Abstract

fetched live from OpenAlex

Agent-based modeling has been proposed to simulate real world situations where autonomous agents take their own decisions based on simple rules and data from the environment. The strawberry market in California is a challenging example as prices can vary suddenly due to change in supplies and the fruits cannot be stored for long durations. The microeconomic theory that is expected to model this market is implemented within the simulation model to predict the strawberry price based on the difference between total supply and total demand. In this study, the observed yield of strawberry for the two main suppliers in California is considered as total supply; and for predicting the demand, different demand functions are presented. To estimate the ABM model parameters, two optimization methods are applied with Python-Netlogo. Finally, the computational results are presented to show the performance of the prediction model with directions for future research for improving the results.

Fetched live from OpenAlex and de-inverted. Abstracts are not stored in this database: the inverted indexes are 8.6 GB of the frame’s 9.3 GB of text, and the host has 13 GB free.

How this classification was reachedexpand

Full frame distilled prediction

Teacher imitation

Not calibrated prevalence, not ground truth. Human validation pending. Learned from the 10,348 direct Codex labels and 10,348 direct Gemma labels. Candidate is the union of thresholded teacher heads; consensus is their intersection. These outputs are machine_predicted_unvalidated and are not human labels or direct frontier model labels.

metaresearch head score (Codex)0.000
metaresearch head score (Gemma)0.000
Version: codex-gemma-dda1882f352aValidation status: machine_predicted_unvalidated
Candidate categoriesInsufficient payload (model declined to judge)
Consensus categoriesInsufficient payload (model declined to judge)
DomainCandidate signal: none · Consensus signal: none
Study designCandidate signal: Simulation or modeling · Consensus signal: Simulation or modeling
GenreCandidate signal: Empirical · Consensus signal: Empirical
Teacher disagreement score0.312
Threshold uncertainty score1.000

Codex and Gemma teacher scores by category

CategoryCodexGemma
Metaresearch0.0000.000
Meta-epidemiology (narrow)0.0000.000
Meta-epidemiology (broad)0.0010.000
Bibliometrics0.0000.001
Science and technology studies0.0000.000
Scholarly communication0.0000.000
Open science0.0000.000
Research integrity0.0000.000
Insufficient payload (model declined to judge)0.0080.001

Machine scores (provisional)

The two teacher heads of the student model, read on this work. A score orders the frame for review; it never asserts a category, and the validation status ships verbatim with every row.

Baseline scores from an immature model (maturity gate not passed, 7 training rounds). Scores rank; they never assert a category.

Opus teacher head0.091
GPT teacher head0.259
Teacher spread0.168 · how far apart the two teachers sit on this one work
Validation statusscore_only:v0-immature-baseline · verbatim from the scoring run: score_only means the number may rank works, and no category label ships from it

Classification

machine, unvalidated

Machine predicted; both teacher heads agree on what is shown here.

Study designSimulation or modeling
Domainnot available
GenreEmpirical

How this classification was reached, model by model and score by score, is at the end of the page under "How this classification was reached".

Quick stats

Citations4
Published2020
Admission routes1
Has abstractyes

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